HALAL INVESTMENTOR
Invest the Right Way
Notifications
Clear all
Topic starter
Salam Sir,
I am following your channel since 2020, so I have learnt to check Shariah compliance of any stock from you only. Big thank you for this. JazakAllah
I had requested for Sterlite Technologies compliance check also which you have included in the stock screener list. That's really wonderful because you guys respond for any stock suggestion.
But at the same time I was also checking for the Sterlite's compliance. And as per my analysis it's Debt Ratio is not compliant as it is more than 33.33% (according to Annual report 2021).
Kindly let me know, If can go with your Stock screener results as I am confused now. May be I am wrong somewhere as I am still new to finance field.
Waiting for your reply. Thanks
Posted : 13/11/2021 7:25 pm
Walaykum salam .
Jazakallah for your encouraging words.
Your calculation is correct, there seems to have been an error. The same has been rectified and the stock will not be considered compliant.
Jazakallah for highlighting.
Posted : 14/11/2021 3:03 pm
Sana Us reacted
Topic starter
Thank you Sir
Posted : 14/11/2021 6:36 pm
