No. As of October 2026, Milkfood Ltd (507621.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Milkfood Ltd does not pass Musaffa's business and financial screening criteria.
Milkfood Ltd. engages in the manufacturing and sale of dairy products. The company employs 170 full-time employees The firm provides high-end casein and demineralized whey powder. Its casein and whey powders are used in the production of chocolates, ice cream, coffee whiteners, health supplements, infant food, nutritional beverages and cheese. Its dairy and value-added products include skimmed milk powder, full cream milk powder, acid casein, demineralized whey powders, dairy creamers and pure ghee. Its full cream milk powder is used in milk chocolate, ice-cream, yogurt, cottage cheese and bakery products. Its edible grade acid casein is used in various applications, including analog cheese, coffee whiteners, whipped toppings, ice cream and frozen desserts, confectionary, and noodles, chocolates and sweets. The firm has two manufacturing locations, one in the state of Punjab at Patiala and one in the state of Uttar Pradesh at Moradabad. Its subsidiary is MFL Trading Private Limited.
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Milkfood Ltd 507621.BO
₹87.89 ₹2.89 (3.40%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
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507621.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Milkfood Ltd is classified as not halal.
NOT HALAL
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FAQ's for Milkfood Ltd (507621.BO)
As of October 2026, Milkfood Ltd 507621.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 Milkfood Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Milkfood 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 Milkfood 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 Milkfood 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 Milkfood 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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