No. As of October 2026, Prime Industries Ltd (519299.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Prime Industries Ltd does not pass Musaffa's business and financial screening criteria.
Prime Industries Ltd. engages in real estate and allied activities. The company is headquartered in Ludhiana, Punjab and currently employs 12 full-time employees. The company went IPO on 2005-07-26. The firm has set up a plant in Gobindgarh Village, Abohar Tehsil, Ferozepur District in the state of Punjab for manufacture of Vanaspati ghee.
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Prime Industries Ltd 519299.BO
₹118.23
Last Updated: Oct 09, 12:00 AM·BSE
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519299.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Prime Industries Ltd is classified as not halal.
NOT HALAL
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FAQ's for Prime Industries Ltd (519299.BO)
As of October 2026, Prime Industries Ltd 519299.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 Prime Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Prime 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 Prime 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 Prime 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 Prime 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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