Yes. As of September 2026, Modison Ltd (506261.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Modison Ltd passes Musaffa's business and financial screening criteria.
Modison Ltd. engages in the provision of manufacturing of electrical contracts. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2005-01-31. The firm is engaged in the manufacturing of electrical contacts for switchgear in India and globally. The company manufactures electrical contact materials and finishes contacts for all the areas of the switchgear industry including Low, Medium, High and Extra High Voltage. The company also produces goods for dominant sectors such as automotive, engineering, aerospace, marine, defense, and railways. Its Electrical Contacts include Low Voltage Electrical Contacts, such as Silver Tin Oxide Contact, Silver Brazing Alloy, and Fine Silver-Powder/ Granules, and others; Medium and High Voltage Electrical Contacts, such as Brazed Arcing Contacts, Electron-Beam Welding, and Copper Tungsten Contacts, among others; and Precious Metal Compounds, such as Silver Oxide, Silver Nitrate, and Silver Sulphate. Its Silver Bullion includes Cast Silver, Minted Silver, and Silver Cutlery. Its value-added services include silver plating, electron beam welding, and others.
Modison Ltd 506261.BO
₹500.25 ₹19.85 (4.13%) 1D
Last Updated: Sep 08, 12:00 AM·BSE
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506261.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Modison Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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FAQ's for Modison Ltd (506261.BO)
As of September 2026, Modison Ltd 506261.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 Modison Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Modison 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 Modison 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 Modison 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 Modison 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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