Yes. As of October 2026, Phaarmasia Ltd (523620.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Phaarmasia Ltd passes Musaffa's business and financial screening criteria.
Phaarmasia Ltd. engages in the manufacture of pharmaceutical products. The company is headquartered in Hyderabad, Telangana. The firm manufactures and markets oral contraceptive tablets with various therapeutic dosage combinations along with iron tablets for the Ministry of Health & Family Welfare and for exports. Its product categories include Hormone Products and Herbal Products. Its hormone products include Estradiol Valerate Tablets; Medroxyprogesterone Acetate Tablets; Cabergoline Tablets; Clomiphene Citrate Tablets; Levonorgestrel Tablet; Fluoxymesterone tablets; Liothyronine Sodium tablets; Oxandrolone tablets and others. Its herbal products include Smyle Herbal Toothpaste; Smyle Cough & Sore Throat Reliver and Smyle Mouth Ulcer Gel. Its injectables include Testosterone Cypionate Injection; Methenolone Enanthate Injection; Drostanolone, Testosterone and Trenbolone Inj, and Stanozolol Cypionate Inj.
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Phaarmasia Ltd 523620.BO
₹86.00 ₹5.14 (6.36%) 1D
Last Updated: Oct 15, 12:00 AM·BSE
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523620.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Phaarmasia Ltd is classified as halal.
HALAL
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FAQ's for Phaarmasia Ltd (523620.BO)
As of October 2026, Phaarmasia Ltd 523620.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 Phaarmasia Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Phaarmasia 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 Phaarmasia 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 Phaarmasia 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 Phaarmasia 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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