No. As of September 2026, Aro Granite Industries Ltd (513729.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Aro Granite Industries Ltd does not pass Musaffa's business and financial screening criteria.
Aro Granite Industries Ltd. engages in the business of manufacturing and trading granite slabs and tiles. AGIL is engaged in the business of two segments, namely, Manufacturing of Granite Tiles and Slabs and Manufacturing of Quartz (Engineered) Slabs. AGIL products include slabs, tiles, cut-to-size, and quartz. The company also offers customized slabs. The company offers products in an array of finishes, including polished finish, flamed finish, honed finish, brushed finish, leather finish and caress finish. AGIL processes Indian, African, Finland, Norway, Brazil, Iran, African and Ukraine Granite regularly. The company offers granite slabs in the categories of North Indian, South Indian and Imported colors. Likewise in Polish finish and other finishes in granite tiles. Quartz slabs are available in finishes, namely, polished finish, honed finish and leather finish. Its customer network spans the globe and meets the granite needs of the United States, Canada, Europe, Japan, Far East and others.
Aro Granite Industries Ltd 513729.BO
₹23.31
Last Updated: Sep 11, 12:00 AM·BSE
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513729.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Aro Granite Industries Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Aro Granite Industries Ltd (513729.BO) Chart
Financial Metrics & Statements of Aro Granite Industries Ltd (513729.BO)
FAQ's for Aro Granite Industries Ltd (513729.BO)
As of September 2026, Aro Granite Industries Ltd 513729.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 Aro Granite Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Aro Granite Industries 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 Aro Granite Industries 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 Aro Granite Industries 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 Aro Granite Industries 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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