Coral Laboratories Ltd 524506.BO
₹562.50 ₹10.40 (1.88%) 1D
Last Updated: Oct 07, 12:00 AM·BSE
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Is Coral Laboratories Ltd Stock Halal?
Shariah Compliance Analysis of 524506.BO Stock
India Health Care Nano Cap No. As of October 2026, Coral Laboratories Ltd (524506.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Coral Laboratories Ltd does not pass Musaffa's business and financial screening criteria.
Coral Laboratories Ltd. engages in the manufacture of pharmaceutical formulations. The firm is engaged in the business of pharmaceutical formulations. The firm is engaged in the manufacturing of generic - branded, nutraceuticals, over the counter (OTC), and herbal medicines. The company offers dosage forms, which include tablets, capsules, liquid orals, injections (liquids and powder), ointment and creams, gels and lotions, and suppositories. Its product categories include nutraceutical, OTC, sterile and non-sterile. Its nutraceutical products include DAX 200, DAX 400 Drops, Zest drops, and Super Zestcal Tablets. Its OTC products include herbal range, skin care, medical devices, and effervescent range. Its sterile products include small volume liquid - injectables, lyophilized range - injectables, eye drops, and eardrops. Its non-sterile antibiotics/antibacterials, antifungals, gastro-intestinal drugs, anti-emetics, and muscle relaxants. The firm also exports its products to various countries.
524506.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Coral Laboratories Ltd is classified as not halal.
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Financial Metrics & Statements of Coral Laboratories Ltd (524506.BO)
FAQ's for Coral Laboratories Ltd (524506.BO)
- As of October 2026, Coral Laboratories Ltd 524506.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 Coral Laboratories Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Coral Laboratories 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 Coral Laboratories 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 Coral Laboratories 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 Coral Laboratories 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 Coral Laboratories Ltd (524506.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
