No. As of September 2026, R J Shah and Company Ltd (509845.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. R J Shah and Company Ltd does not pass Musaffa's business and financial screening criteria.
R.J. Shah & Co. Ltd. provides engineering and construction services. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2005-09-01. The firm is engaged in construction of small and medium size hydroelectric project with engineering, procurement and construction (EPC) contract or civil work with hydro mechanical works. The firm operates through the Engineering and Construction segment. The company is specialized in underground works of tunnels, cavern shafts, inclined tunnels with government and semi governments or various electricity boards, railways, atomic ower station, irrigation, and others.
R
R J Shah and Company Ltd 509845.BO
₹484.50
Last Updated: Jul 24, 12:00 AM·BSE
Pricing for IN stocks is delayed by 24 hours
509845.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, R J Shah and Company Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
R J Shah and Company Ltd (509845.BO) Chart
Financial Metrics & Statements of R J Shah and Company Ltd (509845.BO)
FAQ's for R J Shah and Company Ltd (509845.BO)
As of September 2026, R J Shah and Company Ltd 509845.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 R J Shah and Company Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in R J Shah and Company 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 R J Shah and Company 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 R J Shah and Company 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 R J Shah and Company 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 R J Shah and Company Ltd (509845.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.