No. As of October 2026, Sayaji Hotels Ltd (523710.BO) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Sayaji Hotels Ltd does not fully pass Musaffa's business and financial screening criteria.
Sayaji Hotels Ltd. engages in the provision of hotel and related services. The company is headquartered in Indore, Madhya Pradesh and currently employs 740 full-time employees. The firm is engaged in the business of owning, operating & managing hotels. The firm's hotels include Sayaji Indore, Sayaji Pune, Sayaji Kolhapur, Sayaji Raipur, Sayaji Jamnagar, Sayaji Vadodara, Sayaji Rajkot, Sayaji Morbi, Sayaji Indore, Enrise Rau, Enrise Pune, Enrise Nashik, Enrise Rewa, Effotel Dehradun, among others. The Company’s brands include Sayaji, Effotel by Sayaji, Enrise by Sayaji, and Barbeque Nation. The company has approximately 15 hotels located over 11 cities. The firm's subsidiaries include Sayaji House Keeping Services Ltd, Sayaji Hotels (Vadodara) Limited, Sayaji Hotels (Pune) Limited, and Sayaji Hotels Management Limited.
Sayaji Hotels Ltd 523710.BO
₹292.30 ₹16.70 (5.40%) 1D
Last Updated: Oct 15, 12:00 AM·BSE
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523710.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Sayaji Hotels Ltd is classified as doubtful.
DOUBTFUL
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FAQ's for Sayaji Hotels Ltd (523710.BO)
As of October 2026, Sayaji Hotels Ltd 523710.BO is classified as doubtful 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 Sayaji Hotels Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Sayaji Hotels 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 Sayaji Hotels 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 Sayaji Hotels 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 Sayaji Hotels 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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