Is Shri Gang Industries and Allied Products Ltd halal to invest in?

As of October 2026, Shri Gang Industries and Allied Products Ltd 523309.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.

Is Shri Gang Industries and Allied Products Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Shri Gang Industries and Allied Products Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shri Gang Industries and Allied Products Ltd?

Muslim investors may consider investing in Shri Gang Industries and Allied 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.

Why is Shri Gang Industries and Allied Products Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Shri Gang Industries and Allied Products Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Shri Gang Industries and Allied Products Ltd updated?

The Shariah compliance status of Shri Gang Industries and Allied Products Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Shri Gang Industries and Allied Products Ltd become non-compliant?

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.

Where can I check the Shariah status of Shri Gang Industries and Allied Products Ltd?

You can check the latest Shariah compliance status of Shri Gang Industries and Allied Products Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is Shri Gang Industries and Allied Products Ltd Stock Halal?

Shariah Compliance Analysis of 523309.BO Stock

India Consumer Staples Nano Cap

No. As of October 2026, Shri Gang Industries and Allied Products Ltd (523309.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Shri Gang Industries and Allied Products Ltd does not pass Musaffa's business and financial screening criteria.

Shri Gang Industries & Allied Products Ltd. engages in the manufacture and sale of edible oils. The company is headquartered in New Delhi, Delhi and currently employs 235 full-time employees. The firm's segments include Liquor Operations and Edible Oil Operations. The firm is engaged in manufacturing Indian Made Foreign Liquor (IMFL) for United Spirits Limited in their brands. The firm also supplies extra neutral alcohol (ENA) to United Spirits Limited. Its grain ENA production capacity is approximately 55 kiloliters per day. The firm's bottling production capacity is around 10,000 cases per day. Its plant is located in UPSIDC Industrial Area, Hardoi, Uttar Pradesh. Its vanaspati production capacity is approximately 175 metric tons (MT) per day, and its refined oil production capacity is around 100 MT per day. The firm sells its products under the brand name of APNA & Mr. Baker and Golden Cascade.

Shri Gang Industries and Allied Products Ltd 523309.BO

₹49.65 ₹4.35 (8.06%) 1D

Last Updated: Oct 01, 12:00 AM·BSE

Pricing for IN stocks is delayed by 24 hours

523309.BO Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, Shri Gang Industries and Allied Products Ltd is classified as not halal.

NOT HALAL

Shri Gang Industries and Allied Products Ltd (523309.BO) Chart

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Financial Metrics & Statements of Shri Gang Industries and Allied Products Ltd (523309.BO)

FAQ's for Shri Gang Industries and Allied Products Ltd (523309.BO)

As of October 2026, Shri Gang Industries and Allied Products Ltd 523309.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 Shri Gang Industries and Allied Products Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Shri Gang Industries and Allied 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 Shri Gang Industries and Allied 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 Shri Gang Industries and Allied 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 Shri Gang Industries and Allied Products 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 Shri Gang Industries and Allied Products Ltd (523309.BO)

Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.

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