No. As of September 2026, Global Defence Industries Ltd (512091.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Global Defence Industries Ltd does not pass Musaffa's business and financial screening criteria.
Nibe Ordnance & Maritime Ltd. engages in the business of manufacturing, sale, and trading of gold jewelry and diamonds. The company is headquartered in Mumbai, Maharashtra and currently employs 14 full-time employees. The company went IPO on 2011-07-04. The firm specializes in the production of critical systems for both naval and ground forces. The firm is focused on ammunition manufacturing, shipyard support, and defense engineering. The company operates through three divisions: Munitions (GML), Maritime (NMPL), and Shell Forging Division (GFL). Its GML division specializes in the production of high-caliber artillery and tank ammunition, propellants and explosive filling solutions. The firm's GFL division delivers large-caliber ammunition components with advanced forging capabilities. The firm's NMPL division delivers shipbuilding, submarine, ship repairs, refits, and dismantling solutions. Its products include fuzes, tail unit assembly, primers and cartridges, propellant, and military-grade explosive. Its subsidiaries include Global Munition Limited and Globe Forge Limited.
Global Defence Industries Ltd 512091.BO
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Last Updated: Mar 04, 12:00 AM·BSE
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512091.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Global Defence Industries Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Global Defence Industries Ltd (512091.BO)
FAQ's for Global Defence Industries Ltd (512091.BO)
As of September 2026, Global Defence Industries Ltd 512091.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 Global Defence Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Global Defence 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 Global Defence 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 Global Defence 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 Global Defence 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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