As of August 2026, India Homes Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
India Homes Ltd. Stock Analysis 513361.BO
India Materials Micro Cap
Indiahomes Ltd. engages in the manufacturing and trading of stainless steel products. The company is headquartered in Mumbai, Maharashtra and currently employs 5 full-time employees. The company offers a range of products in various lengths and sizes in billets, angles, wire rods, wire, and bright bars. Its divisions include Steel Melt Shop, Rolling Mills, Bright Bars and Wire Facility. Its Steel Melt Shop division at Khopoli has two melting routes, an induction furnace, and an electric arc furnace, which melts steel. Its Rolling Mills division has two mills, a continuous bar and rod mill and a cross-country bar mill. Its Bright Bars division manufactures a range of bright bars, specializing in stainless steel, through various processes, such as heat treatment, quenching and tempering, and polishing, among others. Its Wire Drawing Facility division is engaged in manufacturing stainless steel wires of various sizes, finishes, conditions, and coil weights.
India Homes Ltd (513361.BO) Chart
Financial Metrics & Statements of India Homes Ltd (513361.BO)
FAQ's for India Homes Ltd (513361.BO)
As of August 2026, India Homes Ltd 513361.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 India Homes Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in India Homes 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 India Homes 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 India Homes 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 India Homes Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for India Homes Ltd (513361.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.