Is Spicejet Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Spicejet Ltd (500285.BO) is currently classified as NOT HALAL as of February 2026. 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 Spicejet 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 Spicejet Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Spicejet Ltd?

Muslim investors may consider investing in Spicejet 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 Spicejet Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Spicejet 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 Spicejet Ltd updated?

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

Can a halal stock like Spicejet 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 Spicejet Ltd?

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

Spicejet Ltd 500285.BO

₹12.51 ₹0.18 (1.42%) 1D

Last Updated: May 15, 12:00 AM·BSE

500285.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 23, 2026

Report Source: 2026 3rd Quarter Report

Spicejet Ltd. Stock Analysis 500285.BO

India Industrials Micro Cap Report: Q3, 2026

SpiceJet Ltd. engages in the provision of air transport services for the carriage of passengers and cargo, and other allied activities. The firm is principally engaged in the business of providing air transport services for the carriage of passengers and cargo. The firm is a low-cost carrier (LCC) operating under the brand name of SpiceJet in India. The firm has a reasonable fleet size operating across various routes in India and abroad. The firm operates approximately 250 daily flights to 48 destinations within India and to international destinations. Its fleet is an apt mix of large, medium and small metal birds that includes Boeing 737 Max, Boeing 700 and Q400s. The company also offers add on services, including SpiceMax, SpiceCafe, You1st, BagProtekt, SpicePlus and others. The Company’s segments include Air Transport Services, and Freighter and Logistics Services. Its Air Transport Services includes inter alia, passenger transport and ancillary cargo operations arising from passenger aircraft operations. The company also offers SpiceClub Program.

Key Statistics of Spicejet Ltd (500285.BO)

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

Today's Range

₹12.26₹12.89

Today's Open

₹12.69

Volume

5.88M

P/E Ratio (TTM)

30.91

52 Week Range

₹9.53₹47.69

Market Cap

19.61B

Avg. Volume

14.05M

Dividend Yield

Financial Metrics & Statements of Spicejet Ltd (500285.BO)

FAQ's for Spicejet Ltd (500285.BO)

According to Musaffa’s Shariah screening methodology, Spicejet Ltd (500285.BO) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.