No. As of October 2026, Duroply Industries Ltd (516003.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Duroply Industries Ltd does not pass Musaffa's business and financial screening criteria.
Duroply Industries Ltd. engages in the manufacture and sale of plywood and related products. The firm operates in the Plywood segment. The firm offers all its products under the brand DURO. The Company’s plywood products include Duro Titanium, Duro Derby, Duro Pumaply, Duro board, Duro Flex, Duro Marine, Duro MacPlatinum, Duro MacPrime, Duro Techply, Duro Fireshield, Duro Plus and Tower Board Ply. Its decorative veneers include Duro Nature’s Signature, Duro teak, Bohemia Textured Veneer Panels, and Duro Masterpiece. Its flush doors include Durodoor flush door, Duro Techply doors, Duro door lites and Tower doors. The firm also offers high-grade elite plywood, weather-proof plywood, high-grade commercial plywood, premium grade block boards, flexible plywood, marine plywood, superior grade plywood, veneered plywood and fire-retardant plywood.
Duroply Industries Ltd 516003.BO
₹101.50 ₹1.50 (1.46%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
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516003.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Duroply Industries Ltd is classified as not halal.
NOT HALAL
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FAQ's for Duroply Industries Ltd (516003.BO)
As of October 2026, Duroply Industries Ltd 516003.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 Duroply Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Duroply 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 Duroply 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 Duroply 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 Duroply 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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