Yes. As of September 2026, Goodricke Group Ltd (500166.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Goodricke Group Ltd passes Musaffa's business and financial screening criteria.
Goodricke Group Ltd. engages in the cultivation, manufacture, and sale of tea in various forms. The firm's product categories include bulk teas and instant teas. The company produces original and blended black, green and crush, tear, and curl (CTC) teas both in original and blended form. The firm's marketing channels used for bulk teas include the public auction system, private and consignment sales, exports and direct sales either in original or blended form. The firm's instant tea products include instant black tea, instant darjeeling tea, instant green tea and instant oolong tea. The company provides hot water-soluble (HWS) and cold water-soluble (CWS) instant tea. The firm operates approximately 18 tea estates spread across West Bengal and Assam and sells bulk tea both in domestic and international markets. The firm also produces instant tea at its plant located in Dooars, West Bengal, primarily for the international market.
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Goodricke Group Ltd 500166.BO
₹222.10 ₹0.80 (0.36%) 1D
Last Updated: Sep 09, 12:00 AM·BSE
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500166.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Goodricke Group Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Goodricke Group Ltd (500166.BO)
FAQ's for Goodricke Group Ltd (500166.BO)
As of September 2026, Goodricke Group Ltd 500166.BO is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Goodricke Group Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Goodricke Group 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.
Musaffa determines the Shariah status of Goodricke Group Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Goodricke Group Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Goodricke Group Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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