K I C Metaliks Ltd 513693.BO
₹30.38 ₹0.22 (0.72%) 1D
Last Updated: Oct 07, 12:00 AM·BSE
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Is K I C Metaliks Ltd Stock Halal?
Shariah Compliance Analysis of 513693.BO Stock
India Materials Nano Cap No. As of October 2026, K I C Metaliks Ltd (513693.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. K I C Metaliks Ltd does not pass Musaffa's business and financial screening criteria.
KIC Metaliks Ltd. engages in the manufacture and sale of pig iron. The firm operates through the Iron and Steel and Allied Products segment. The company produces a range of grades to meet the demanding compounding requirements of downstream iron and steel manufacturers. The firm carries out its manufacturing operations from a single location based at Durgapur in West Bengal. The firm possesses an installed capacity of 2,35,000 metric tons per annum (MTPA).
513693.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, K I C Metaliks Ltd is classified as not halal.
NOT HALALK I C Metaliks Ltd (513693.BO) Chart
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Financial Metrics & Statements of K I C Metaliks Ltd (513693.BO)
FAQ's for K I C Metaliks Ltd (513693.BO)
- As of October 2026, K I C Metaliks Ltd 513693.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 K I C Metaliks Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in K I C Metaliks 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 K I C Metaliks 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 K I C Metaliks 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 K I C Metaliks 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 K I C Metaliks Ltd (513693.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
