No. As of October 2026, Shree Rajasthan Syntex Ltd (503837.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Shree Rajasthan Syntex Ltd does not pass Musaffa's business and financial screening criteria.
Shree Rajasthan Syntex Ltd. manufactures and markets yarn and other textile products. The company is headquartered in Udaipur, Rajasthan and currently employs 53 full-time employees. The firm is primarily engaged in production of textile products. The firm operates through three divisions: Syntex-Division, Texchem-Division, and Polycot-Division. The Company’s yarn portfolio includes grey yarn, dyed yarn, and polypropylene multifilament yarns (PPMF) yarn. Grey yarn is produced using blends of different synthetic fiber such as polyester/viscose, 100% viscose yarn, 100% polyester fiber yarn and pure cotton. Specialty fiber yarns were developed for industrial and home textile applications. Dyed yarn is produced at Syntex division of the Company. The firm is specialized in producing home textile dyed yarns for end use such as carpets, tapestry, and upholstery. Its Partially Oriented Yarn (POY) and texturized yarn are produced for knitting, socks and furnishing applications. Its Bulk Continuous Filament (BCF) yarn is produced for carpet applications.
Shree Rajasthan Syntex Ltd 503837.BO
₹8.55
Last Updated: Oct 22, 12:00 AM·BSE
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503837.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Shree Rajasthan Syntex Ltd is classified as not halal.
NOT HALAL
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FAQ's for Shree Rajasthan Syntex Ltd (503837.BO)
As of October 2026, Shree Rajasthan Syntex Ltd 503837.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 Shree Rajasthan Syntex Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Shree Rajasthan Syntex 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 Shree Rajasthan Syntex 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 Shree Rajasthan Syntex 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 Shree Rajasthan Syntex 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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