Haryana Leather Chemicals Ltd 524080.BO
₹60.93 ₹1.43 (2.40%) 1D
Last Updated: Oct 15, 12:00 AM·BSE
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Is Haryana Leather Chemicals Ltd Stock Halal?
Shariah Compliance Analysis of 524080.BO Stock
India Materials Nano Cap No. As of October 2026, Haryana Leather Chemicals Ltd (524080.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Haryana Leather Chemicals Ltd does not pass Musaffa's business and financial screening criteria.
Haryana Leather Chemicals Ltd. engages in the manufacture and sale of leather chemicals. The company is headquartered in Gurgaon, Haryana and currently employs 80 full-time employees. The company offers products in the diverse fields of leather processing, footwear finishing, textile printing, PSA (Pressure Sensitive Adhesives) and PVC additives. Its leather chemicals products include Replacement Syntans, Multi-Functional Syntans, Vegetable Tannage-Functional Blends, Filling Protein Syntans, Penetrating Bleaching Pre-Tanning Syntans, Dispersing Neutralizing Syntans, Acrylic Retanning Emulsions, Extra Soft and Lightweight Fatliquors, Conventional Fatliquors, Waterproofing Fatliquors, Automotive Fatliquors, Acrylic Resins and Binders, Polyurethane Top Coats, Protein Binders, Fillers and Waxes, Pull-Up Oils and Auxiliaries, Pigments & Dye Solutions and Specialty Finishes. Its PVC additives include Acrylic Impact Modifier, and Lubricating Acrylic Processing Aid, among others. The company offers a range of footwear finishes, such as brushable creams, self-polishing creams and solid waxes, among others.
524080.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Haryana Leather Chemicals Ltd is classified as not halal.
NOT HALALHaryana Leather Chemicals Ltd (524080.BO) Chart
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Financial Metrics & Statements of Haryana Leather Chemicals Ltd (524080.BO)
FAQ's for Haryana Leather Chemicals Ltd (524080.BO)
- As of October 2026, Haryana Leather Chemicals Ltd 524080.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 Haryana Leather Chemicals Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Haryana Leather Chemicals 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 Haryana Leather Chemicals 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 Haryana Leather Chemicals 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 Haryana Leather Chemicals 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 Haryana Leather Chemicals Ltd (524080.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
