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Is Nidhi Granites Ltd Stock Halal?

Shariah Compliance Analysis of 512103.BO Stock

India Materials Nano Cap

Yes. As of October 2026, Nidhi Granites Ltd (512103.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Nidhi Granites Ltd passes Musaffa's business and financial screening criteria.

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Nidhi Granites Ltd 512103.BO
₹236.60 ₹0.40 (0.17%) 1D

Last Updated: Oct 09, 12:00 AM·BSE

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512103.BO Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, Nidhi Granites Ltd is classified as halal.

HALAL

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Financial Metrics & Statements of Nidhi Granites Ltd (512103.BO)

FAQ's for Nidhi Granites Ltd (512103.BO)

  • As of October 2026, Nidhi Granites Ltd 512103.BO is classified as 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 Nidhi Granites Ltd using these criteria to determine its compliance status.
  • Muslim investors may consider investing in Nidhi Granites 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 Nidhi Granites 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 Nidhi Granites 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 Nidhi Granites Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.