Is Shanti Overseas (India) Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shanti Overseas (India) Ltd (SHANTI.NS) is currently classified as HALAL as of February 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Shanti Overseas (India) Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Shanti Overseas (India) Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shanti Overseas (India) Ltd?

Muslim investors may consider investing in Shanti Overseas (India) Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Shanti Overseas (India) Ltd classified as HALAL?

Musaffa determines the Shariah status of Shanti Overseas (India) Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Shanti Overseas (India) Ltd updated?

The Shariah compliance status of Shanti Overseas (India) Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Shanti Overseas (India) Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Shanti Overseas (India) Ltd?

You can check the latest Shariah compliance status of Shanti Overseas (India) Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Shanti Overseas (India) Ltd SHANTI.NS

₹6.74 ₹0.29 (4.13%) 1D

Last Updated: May 15, 12:00 AM·NSE

SHANTI.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: February 01, 2024

Report Source: 2024 2nd Quarter Report

Shanti Overseas (India) Ltd. Stock Analysis SHANTI.NS

India N/A Nano Cap Report: Q2, 2024

Shanti Overseas (India) Ltd. is a holding company, which engages in primary processing and trading of agri commodities and manufacturing of soya products such as organic soyabean meal and soy crude oil. The company is headquartered in Indore, Madhya Pradesh. The company went IPO on 2017-08-03. The company also engaged in the business of soybeans, soymeal and by products. The firm's products include organic soybean seed, organic soybean meal, organic soya refined oil and organic soybean lecithin. The company is an export house based in central India (Indore) with overseas operations covering the United States to Europe. The firm's wholly owned subsidiaries include Shaan Agro Oils & Extractions Private Limited and SOIL Consultech Private Limited.

Key Statistics of Shanti Overseas (India) Ltd (SHANTI.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹6.51₹7.03

Today's Open

₹7.03

Volume

39.53K

P/E Ratio (TTM)

52 Week Range

₹4.70₹23.87

Market Cap

77.74M

Avg. Volume

35.35K

Dividend Yield

Financial Metrics & Statements of Shanti Overseas (India) Ltd (SHANTI.NS)

Community-Curated Collections with Shanti Overseas (India) Ltd (SHANTI.NS) ( With SHANTI.NS )

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Community-Curated Collections are thoughtfully selected groups of stocks or assets, curated by investors and experts based on shared themes, values, or investment strategies.

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FAQ's for Shanti Overseas (India) Ltd (SHANTI.NS)

According to Musaffa’s Shariah screening methodology, Shanti Overseas (India) Ltd (SHANTI.NS) is currently classified as HALAL as of February 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.