No. As of September 2026, Sangal Papers Ltd (516096.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sangal Papers Ltd does not pass Musaffa's business and financial screening criteria.
Sangal Papers Ltd. engages in the manufacturing of newsprint, writing and printing paper, and other various special papers for domestic and exports markets. The company is headquartered in Mawana, Uttar Pradesh and currently employs 217 full-time employees. The firm also manufactures paper to the customized requirements of the customers. Its products include envelope papers, ribbed papers, packing & lamination papers, scrapbook/craft papers, MG color papers, writing & printing papers, stationery papers and newsprint papers. Its envelope papers include manila kraft - UPM, bubble envelope paper, buff/envelope paper and yellow kraft. Its ribbed papers include orange ribbed gold, golden ribbed kraft, white ribbed and ribbed buff 89. Its packing & lamination papers include bag kraft paper, super poster, prime poster, and light shade kraft. Its writing & printing papers include azure laid ledger and color printing diamond. The firm is selling its paper in India and exporting to Sri Lanka, Singapore, Nepal, Iran, the United Arab Emirates and other countries.
Sangal Papers Ltd 516096.BO
₹189.95
Last Updated: Sep 11, 12:00 AM·BSE
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516096.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Sangal Papers Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Sangal Papers Ltd (516096.BO)
FAQ's for Sangal Papers Ltd (516096.BO)
As of September 2026, Sangal Papers Ltd 516096.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 Sangal Papers Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Sangal Papers 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 Sangal Papers 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 Sangal Papers 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 Sangal Papers 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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