No. As of September 2026, Neelamalai Agro Industries Ltd (508670.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Neelamalai Agro Industries Ltd does not pass Musaffa's business and financial screening criteria.
Neelamalai Agro Industries Ltd. engages in the cultivation, manufacture, trade and marketing of tea. The firm is engaged in tea cultivation, tea manufacturing, sales and exports of tea. The firm produces 100% Orthodox Tea. The company has two estates: Katary and Sutton Estates. Its estates are located in the Nilgiris District in Tamil Nadu, which spans an area of approximately 631.769 hectares.
Neelamalai Agro Industries Ltd 508670.BO
₹3,335.05 ₹98.95 (2.88%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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508670.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Neelamalai Agro Industries Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for Neelamalai Agro Industries Ltd (508670.BO)
As of September 2026, Neelamalai Agro Industries Ltd 508670.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 Neelamalai Agro Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Neelamalai Agro 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 Neelamalai Agro 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 Neelamalai Agro 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 Neelamalai Agro Industries 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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