Yes. As of September 2026, Smiths & Founders (India) Ltd (513418.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Smiths & Founders (India) Ltd passes Musaffa's business and financial screening criteria.
Smiths & Founders (India) Ltd. engages in the manufacture and trade of castings, forgings and machined components used in automobile, agriculture, mining, material handling, power transmission, hydraulic and general engineering industries. The company is headquartered in Bangalore, Karnataka. The firm is focused on manufacturing forgings and machined components used in automobile, agriculture, mining, material handling, power transmission, hydraulic and general engineering industries. The company manufactures small, precision and intricate steel forgings. Its automobile components include rocker arms, connecting rods, clutch hubs, clutch release levers, clevis, clutch plates, and pressure plates. Its general engineering products include gear blanks, wheel dressers, insulator pins, insulator hooks, shackles, rotating eyes, chain links and similar products. The firm's hydraulic forging products include valve bodies, rod eye ends, elbows, and ports. Its mining tools include coal augurs, rotary drill bits, mining picks, bit holders and pick holders. Its agricultural implements include rotary tines (wet & dry), rotovator shovels and cultivator blades.
Smiths & Founders (India) Ltd 513418.BO
₹10.63 ₹0.10 (0.95%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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513418.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Smiths & Founders (India) Ltd is classified as halal.
FAQ's for Smiths & Founders (India) Ltd (513418.BO)
As of September 2026, Smiths & Founders (India) Ltd 513418.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 Smiths & Founders (India) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Smiths & Founders (India) 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 Smiths & Founders (India) 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 Smiths & Founders (India) 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 Smiths & Founders (India) 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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