As of September 2026, Permanent Magnets Ltd is classified as halal.
HALAL
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Permanent Magnets Ltd. Stock Analysis 504132.BO
India Materials Micro Cap
Permanent Magnets Ltd. engages in the manufacture of alnico cast magnets, yoke assemblies and parts and accessories of electricity meters. The firm has five core product platforms, wherein it designs and delivers various customer-specific solutions. These include magnetic sensing, current sensing, magnetic assemblies, alloys and ZAMAK die-casting. The Company’s products include Hi-Perm, Shunt, Nano Amorphous, Magnetic Assemblies, Alnico Magnets, Zamak, Rotor & Stator assemblies, and Busbar. Its Hi-Perm products include Soft Magnetic Alloys and Their Properties; Components in CoFe Alloys; Kits, Meters & Probes; and Standard Products. Its Shunt products include Shunt Assembly for Energy Meters, Brass Terminals, and Automotive Shunt. Its Nano Amorphous includes CTs for Energy Meter, RCCB, CBCT, Amorphous Cut Cores and Nano Crystalline Core.
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Financial Metrics & Statements of Permanent Magnets Ltd (504132.BO)
FAQ's for Permanent Magnets Ltd (504132.BO)
As of September 2026, Permanent Magnets Ltd 504132.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 Permanent Magnets Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Permanent Magnets 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 Permanent Magnets 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 Permanent Magnets 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 Permanent Magnets Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Permanent Magnets Ltd (504132.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.