No. As of September 2026, Andhra Paper Ltd (502330.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Andhra Paper Ltd does not pass Musaffa's business and financial screening criteria.
Andhra Paper Ltd. engages in the manufacture and sale of pulp, paper, and paperboard. The company is headquartered in Kolkata, West Bengal and currently employs 1,969 full-time employees. The firm produces writing, printing and copier paper for foreign and domestic markets. Its brands include Andhra Truprint Ultra (HB), Andhra Primavera, Andhra Primavera White, Andhra Truprint Ivory, Andhra CCS, Andhra Natural Shade, Andhra Writechoice (SS), Andhra Rhodamine, Andhra Splendor, Andhra Pearlwhite, Andhra Thermal Base, Andhra Hi-Brite Blade Wrapper, Andhra Sketch Choice, Andhra Kraft (Ribbed & Plain), Andhra Stiffener, among others. Its products are used as account books, annual reports, base paper for chromo/art paper/art board, bills, blade wrapping, book printing, brochures, calendars, cash books, challans, children's books, computer forms, covers, diaries, envelopes, files/folders, and more. The company owns and operates two manufacturing units located in the State of Andhra Pradesh, India, one at Rajamahendravaram and the other at Kadiyam in East Godavari District.
Andhra Paper Ltd 502330.BO
₹73.44 ₹0.84 (1.16%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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502330.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Andhra Paper Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Andhra Paper Ltd (502330.BO)
FAQ's for Andhra Paper Ltd (502330.BO)
As of September 2026, Andhra Paper Ltd 502330.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 Andhra Paper Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Andhra Paper 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 Andhra Paper 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 Andhra Paper 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 Andhra Paper 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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