No. As of September 2026, Garnet International Ltd (512493.BO) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Garnet International Ltd does not fully pass Musaffa's business and financial screening criteria.
Garnet International Ltd. is a non-banking finance company, which engages in the provision of financial services. The company is headquartered in Mumbai, Maharashtra and currently employs 8 full-time employees. The company went IPO on 2002-07-23. The firm is a non-deposit accepting NBFC engaged in financial services. The firm is also engaged in investment activities. The firm's segments include Shares and Securities, Trading, and Textile. Its Shares and Securities segment consists of income from share trading, intraday transactions, investments and dividends. Its Textile segment consists of sales of garments and dyeing done on a job-work basis. The Company’s geographical segments include Domestic and Overseas. The firm provides technology-enabled banking, financial services and insurance (BFSI), e-governance, logistics and e-commerce services; transportation of bitumen and liquefied petroleum gas (LPG); engaged in dyes and pigments industry, and others.
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Garnet International Ltd 512493.BO
₹59.47 ₹2.36 (4.13%) 1D
Last Updated: Sep 15, 12:00 AM·BSE
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512493.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Garnet International Ltd is classified as doubtful.
DOUBTFUL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Garnet International Ltd (512493.BO)
FAQ's for Garnet International Ltd (512493.BO)
As of September 2026, Garnet International Ltd 512493.BO is classified as doubtful 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 Garnet International Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Garnet International 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 Garnet International 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 Garnet International 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 Garnet International 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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