Yes. As of October 2026, ITL Industries Ltd (522183.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ITL Industries Ltd passes Musaffa's business and financial screening criteria.
ITL Industries Ltd. is a holding company, which engages in the manufacture of machine and trading of cutting tools and hydraulic products. The firm offers a range of horizontal and vertical bandsaw machines. Its divisions include manufacturing and trading. The company is engaged in various business activities, including the manufacturing and sale of bandsaw and circular saw machines, as well as the trading of other engineering products such as hydraulics and cutting tools. Its product categories include horizontal band saw machine, circular saw machine, band saw machine, vertical band saw machine, band saw blades, sawing machines, circular saw cutter, tube mill, cutting blade, plasma cutting machine, carbide blade, laser cutting machine, autoloader, pipe cutting machine, paper napkin making machine, tube straightening machines, polyurethane (PU) foam machine, die cutting machine, hacksaw blade, tire cutting machine, computer numerical control (CNC) lathe machine and new items.
ITL Industries Ltd 522183.BO
₹388.80
Last Updated: Oct 15, 12:00 AM·BSE
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522183.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, ITL Industries Ltd is classified as halal.
HALAL
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FAQ's for ITL Industries Ltd (522183.BO)
As of October 2026, ITL Industries Ltd 522183.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 ITL Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in ITL 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 ITL 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 ITL 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 ITL 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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