No. As of October 2026, Starsource Multitrade Ltd (506365.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Starsource Multitrade Ltd does not pass Musaffa's business and financial screening criteria.
Starsource Multitrade Ltd. is formerly a pharmaceutical company, which aims to acquire power and chemicals businesses. The company is headquartered in Mumbai, Maharashtra. The firm was engaged in manufacturing operations. The company has no operations and does not generate any revenue. The firm is exploring new business opportunities.
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Starsource Multitrade Ltd 506365.BO
₹79.50
Last Updated: Oct 06, 12:00 AM·BSE
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506365.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Starsource Multitrade Ltd is classified as not halal.
NOT HALAL
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FAQ's for Starsource Multitrade Ltd (506365.BO)
As of October 2026, Starsource Multitrade Ltd 506365.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 Starsource Multitrade Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Starsource Multitrade 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 Starsource Multitrade 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 Starsource Multitrade 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 Starsource Multitrade 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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