HANMAN FIT LIMITED (HANMAN.BO) - Questionable
HANMAN FIT LIMITED (HANMAN.BO) is classified as Questionable according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Consumer Cyclical
- Industry
- Leisure
- Result
- Doubtful
- Reason
- This company requires further review: the industry "Leisure" has mixed revenue streams that require further analysis. The sector "Consumer Cyclical" is not categorically excluded, but deeper analysis is recommended.
Financial Ratios
- Debt Ratio
- Value: 0.0% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 7.7% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.0% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.00%.No non-permissible income detected in the financial statements. No purification is required based on available data.
About HANMAN FIT LIMITED
Hanman Fit Limited engages in the gymming business in India. It provides fitness services, such as zumba programme, spa, massage, aerobics, yoga, physiotherapy, and other services. The company was formerly known as Powerhouse Gym & Wellness Limited and changed its name to Hanman Fit Limited in February 2019. Hanman Fit Limited was incorporated in 2013 and is based in Mumbai, India.
Frequently Asked Questions
Is HANMAN FIT LIMITED (HANMAN.BO) stock halal to invest in?
According to AAOIFI Shariah screening standards, HANMAN FIT LIMITED (HANMAN.BO) is currently classified as Questionable. This is based on both business activity and financial ratio screening.
Does HANMAN FIT LIMITED have any interest income?
HANMAN FIT LIMITED's interest income ratio is 7.7% of total revenue. AAOIFI standards require this to be below 30%.
What guidelines are used to determine if HANMAN.BO stock is Shariah-compliant?
HANMAN.BO is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.

