No. As of September 2026, Garware Offshore Services Ltd (501848.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Garware Offshore Services Ltd does not pass Musaffa's business and financial screening criteria.
Global Offshore Services Ltd. engages in the charter of offshore support vessels. The company is headquartered in Mumbai, Maharashtra and currently employs 16 full-time employees. The company went IPO on 2007-05-03. The firm is engaged in providing offshore support services to exploration and production companies. Its vessels support oil and gas exploration activities, and offshore projects. The company operates through the charter of the offshore support vessel segment. Its vessels support oil and gas exploration efforts involving transport of personnel to rigs / platforms from onshore bases and vice-versa; delivery of cargo / material to rigs / platforms; anchor handling operations; towing of rigs from one location to another, and support to offshore / underwater construction projects. The Platform Supply Vessels (PSVs) owned and operated by the Company are deployed in India and West Africa, whilst the Anchor Handling Tug Cum Supply Vessels (AHTSVs) operate in India.
Garware Offshore Services Ltd 501848.BO
₹46.99 ₹0.52 (1.12%) 1D
Last Updated: Sep 04, 12:00 AM·BSE
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501848.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Garware Offshore Services Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for Garware Offshore Services Ltd (501848.BO)
As of September 2026, Garware Offshore Services Ltd 501848.BO is classified as not 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 Garware Offshore Services Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Garware Offshore Services 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 Garware Offshore Services 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 Garware Offshore Services 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 Garware Offshore Services 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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