Indo Gulf Industries Ltd 506945.BO
₹2.98
Last Updated: Aug 14, 12:00 AM·BSE
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Is Indo Gulf Industries Ltd Stock Halal?
Shariah Compliance Analysis of 506945.BO Stock
India N/A Nano Cap No. As of October 2026, Indo Gulf Industries Ltd (506945.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Indo Gulf Industries Ltd does not pass Musaffa's business and financial screening criteria.
Indo Gulf Industries Ltd. engages in the business of industrial explosives. The company is headquartered in New Delhi, Delhi. The firm's principal activities are manufacturing of explosives, ammunitions and fireworks. The firm's factories include explosive division and site mixing slurries (SMS) division. Its products include Large Dia Explosives, Small Dia Explosives, Indo Cord, Indo Boost and PETN. Its Large Dia Explosive products include Indo Gulf Super prime, Indo Gulf Super Gel, IGIL Prime and NCN 400. The firm's Small Dia Explosive products include Indo superpower 90, which comes in various cartridge diameters such as 25mm, 32mm and 40mm. The firm manufactures Indo Cord in a range of core loads of 5 gm/m to 80 gm/m, which are strong, flexible and light weight, comprising an explosive core of PETN contained within a spiral of tape, plastic sheathing and natural or synthetic fibers and over extruded with PVC to provide abrasive resistance and waterproofness.
506945.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Indo Gulf Industries Ltd is classified as not halal.
NOT HALALIndo Gulf Industries Ltd (506945.BO) Chart
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Financial Metrics & Statements of Indo Gulf Industries Ltd (506945.BO)
FAQ's for Indo Gulf Industries Ltd (506945.BO)
- As of October 2026, Indo Gulf Industries Ltd 506945.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 Indo Gulf Industries Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Indo Gulf Industries 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 Indo Gulf Industries 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 Indo Gulf Industries 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 Indo Gulf Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Indo Gulf Industries Ltd (506945.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
