No. As of October 2026, Shree Karthik Papers Ltd (516106.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Shree Karthik Papers Ltd does not pass Musaffa's business and financial screening criteria.
Shree Karthik Papers Ltd. engages in the manufacture of paper and paper boards. The company is headquartered in Coimbatore, Tamil Nadu and currently employs 40 full-time employees. The company operates in the manufacture of writing and printing paper. Its product offerings include Maplitho, Super Cream Wove, Cream Wove, White Wove, White Printing, Newsprint, and Deluxe Semi Printing. Maplitho is used in office applications, such as bills, invoices and cashbooks, among others. Super Cream Wove is a writing and printing paper in hi-bright white shadow. Cream Wove is a specific grade of paper used for writing and printing segments. White Wove is a writing paper. White Printing are paper grades used for newspapers, magazines and commercial printing. Newsprint is used to print newspapers. Deluxe Semi Printing is heavy, distinctive paper. Its manufacturing facility is situated at Puliangudi, Kottur Village, Aliyar, Pollachi, Tamil Nadu.
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Shree Karthik Papers Ltd 516106.BO
₹9.55 ₹0.35 (3.80%) 1D
Last Updated: Oct 13, 12:00 AM·BSE
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516106.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Shree Karthik Papers Ltd is classified as not halal.
NOT HALAL
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FAQ's for Shree Karthik Papers Ltd (516106.BO)
As of October 2026, Shree Karthik Papers Ltd 516106.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 Shree Karthik Papers Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Shree Karthik 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 Shree Karthik 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 Shree Karthik 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 Shree Karthik 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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