No. As of September 2026, Soma Textiles & Industries Ltd (521034.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Soma Textiles & Industries Ltd does not pass Musaffa's business and financial screening criteria.
Soma Textiles & Industries Ltd. engages in the manufacture and marketing of textiles. The company is headquartered in Ahmedabad, Gujarat. The firm is primarily engaged in the business of manufacturing cotton yarn and textiles. The firm offers denim fabrics, garments, and piece dyed fabrics. The firm's business verticals include Denim Fabric Business Vertical, Piece Dyed Business Vertical and Jeans Wear Business Vertical. The firm's products consist of authentic collection and piece dyed fabrics. Its authentic collection includes stretch and non-stretch types. The firm's clients are Arvind Life Style Brands Ltd, I T C Ltd, Indigo Nation, and Reliance Trends. The firm's plant is located on Rakhial Road, Ahmedabad.
Soma Textiles & Industries Ltd 521034.BO
₹84.60 ₹2.85 (3.26%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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521034.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Soma Textiles & Industries Ltd is classified as not halal.
FAQ's for Soma Textiles & Industries Ltd (521034.BO)
As of September 2026, Soma Textiles & Industries Ltd 521034.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 Soma Textiles & Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Soma Textiles & 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 Soma Textiles & 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 Soma Textiles & 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 Soma Textiles & Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Soma Textiles & Industries Ltd (521034.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.