No. As of September 2026, Saraswati Commercial (India) Ltd (512020.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Saraswati Commercial (India) Ltd does not pass Musaffa's business and financial screening criteria.
Saraswati Commercial (India) Ltd. operates as a non banking financial company. The company is headquartered in Mumbai, Maharashtra and currently employs 9 full-time employees. The company went IPO on 2005-08-31. The firm is engaged in the business of investment and trading in shares and securities and lending activities. Its subsidiaries include Sareshwar Trading and Finance Private Limited and Arkaya Commercial Private Limited.
Saraswati Commercial (India) Ltd 512020.BO
₹10,300.00 ₹600.00 (5.50%) 1D
Last Updated: Sep 15, 12:00 AM·BSE
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512020.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Saraswati Commercial (India) Ltd is classified as not halal.
Financial Metrics & Statements of Saraswati Commercial (India) Ltd (512020.BO)
FAQ's for Saraswati Commercial (India) Ltd (512020.BO)
As of September 2026, Saraswati Commercial (India) Ltd 512020.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 Saraswati Commercial (India) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Saraswati Commercial (India) 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 Saraswati Commercial (India) 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 Saraswati Commercial (India) 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 Saraswati Commercial (India) 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 Saraswati Commercial (India) Ltd (512020.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.