No. As of September 2026, Starteck Finance Ltd (512381.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Starteck Finance Ltd does not pass Musaffa's business and financial screening criteria.
Starteck Finance Ltd. is a non-banking finance company, which engages in the business of financing industrial or other enterprises. The firm is primarily engaged in the business of financing needs of various corporates having presence in urban and semi-urban areas of India. The firm has a diversified lending portfolio across retail, small medium enterprises (SMEs) and commercial customers. Its subsidiaries include V Can Exports Private Limited, Chitta Finlease Private Limited, and Bhuwalka Steel Industries Limited.
Starteck Finance Ltd 512381.BO
₹249.90 ₹7.65 (3.16%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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512381.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Starteck Finance Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Starteck Finance Ltd (512381.BO)
FAQ's for Starteck Finance Ltd (512381.BO)
As of September 2026, Starteck Finance Ltd 512381.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 Starteck Finance Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Starteck Finance 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 Starteck Finance 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 Starteck Finance 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 Starteck Finance 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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Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.