No. As of September 2026, Nirav Commercials Ltd (512425.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Nirav Commercials Ltd does not pass Musaffa's business and financial screening criteria.
Nirav Commercials Ltd. engages in the manufacture of aluminum grills, doors, and windows. The company is headquartered in Mumbai, Maharashtra and currently employs 12 full-time employees. The company went IPO on 2005-01-28. The firm has two manufacturing units: Elesar Focchi, one of them is situated in Daman Union Territory (UT), and another at Taloja in Raigad district, Maharashtra. The firm handles over 40000 metric tons annually of aluminum in various applications in the power sector, steel industry and the construction space.
Nirav Commercials Ltd 512425.BO
₹686.85
Last Updated: Sep 09, 12:00 AM·BSE
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512425.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Nirav Commercials Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Nirav Commercials Ltd (512425.BO) Chart
Financial Metrics & Statements of Nirav Commercials Ltd (512425.BO)
FAQ's for Nirav Commercials Ltd (512425.BO)
As of September 2026, Nirav Commercials Ltd 512425.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 Nirav Commercials Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Nirav Commercials 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 Nirav Commercials 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 Nirav Commercials 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 Nirav Commercials 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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