Suraj Products Ltd 518075.BO
₹245.00 ₹1.65 (0.67%) 1D
Last Updated: Oct 06, 12:00 AM·BSE
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Is Suraj Products Ltd Stock Halal?
Shariah Compliance Analysis of 518075.BO Stock
India Materials Nano Cap Yes. As of October 2026, Suraj Products Ltd (518075.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Suraj Products Ltd passes Musaffa's business and financial screening criteria.
Suraj Products Ltd. engages in manufacturing of finished products from iron ore. Its products include Sponge iron, Pig iron, and MS ingot or billets & TMT bar. The company is headquartered in Sundargarh, Orissa. The firm is engaged in the production of sponge iron by direct reduction of iron ore, pig iron, ingots/billet, thermo mechanical treated (TMT) bars and generation of power. The firm operates through a single segment, namely, finished products from Iron Ore. The Company’s products include sponge iron, pig iron, billets, and TMT rods. The firm has an installed capacity of approximately 36,000 tons per annum (TPA). The company has an iron plant with an installed capacity of approximately 24,000 TPA.
518075.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Suraj Products Ltd is classified as halal.
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Financial Metrics & Statements of Suraj Products Ltd (518075.BO)
FAQ's for Suraj Products Ltd (518075.BO)
- As of October 2026, Suraj Products Ltd 518075.BO is classified as 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 Suraj Products Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Suraj Products 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 Suraj Products 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 Suraj Products 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 Suraj Products Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Suraj Products Ltd (518075.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
