Yes. As of October 2026, Solitaire Machine Tools Ltd (522152.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Solitaire Machine Tools Ltd passes Musaffa's business and financial screening criteria.
Solitaire Machine Tools Ltd. engages in the manufacture and sale of precision centerless grinders. The company is headquartered in Vadodara, Gujarat and currently employs 76 full-time employees. The company operates through a single segment, which is the manufacturer and remanufacturer of Centerless Grinding Machines and its Spare Parts. Its products include centerless grinder 100 mm, centerless grinder 200 mm, centerless grinder 250 mm, centerless grinder 200 mm and 500 mm, double disc grinding machine, and BMS machines. Its services include commissioning of machines; training; telephonic as well as onsite service support; remanufacturing and reconditioning of machines, assemblies and parts, and machine spares. Its remanufacturing/reconditioning service includes completely dismantling the machine, disassembling all sub-assemblies and other units, cleaning all parts of the machine, inspecting all parts of the machine and others. The company serves various industries, including automobile, defense, pharmaceuticals, bright bar, nuclear power, aerospace and engineering.
Solitaire Machine Tools Ltd 522152.BO
₹89.90 ₹3.20 (3.44%) 1D
Last Updated: Oct 13, 12:00 AM·BSE
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522152.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Solitaire Machine Tools Ltd is classified as halal.
HALAL
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FAQ's for Solitaire Machine Tools Ltd (522152.BO)
As of October 2026, Solitaire Machine Tools Ltd 522152.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 Solitaire Machine Tools Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Solitaire Machine Tools 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 Solitaire Machine Tools 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 Solitaire Machine Tools 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 Solitaire Machine Tools 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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