Gujarat Raffia Industries Ltd. engages in the manufacturing of tarpaulin and polypropylene bags. The company is headquartered in Gandhinagar, Gujarat and currently employs 90 full-time employees. The firm is engaged in the business of manufacturing polyethylene (PE) tarpaulin, high-density polyethylene (HDPE)/ polypropylene (PP) woven sacks and the fabric business. Its product categories include industrial products, agricultural products, and camping and relief products. Its industrial products include HDPE/PE tarpaulin, PP woven bags, railway wagon covers and fumigation covers. The firm's agricultural products include sharkmat (pond liner), agricultural vermi bed, azolla bed, HDPE grow bags and HDPE weed mats. Its camping and relief products include tarpaulin tents, plastic sheeting/PE tarpaulin and PP ropes. Its HDPE fumigation covers are used to store millions of tons of food grain and is chemically treated to protect against insects, rodents and pests, among others in open field. The firm's PP bags are widely used for packing products, such as fertilizers, seeds, cement and many more.
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FAQ's for Gujarat Raffia Industries Ltd (523836.BO)
As of August 2026, Gujarat Raffia Industries Ltd 523836.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 Gujarat Raffia Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Gujarat Raffia 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 Gujarat Raffia 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 Gujarat Raffia 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 Gujarat Raffia 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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