As of August 2026, Aksharchem (India) Ltd is classified as not halal.
NOT HALAL
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Aksharchem (India) Ltd. Stock Analysis 524598.BO
India Materials Nano Cap
AksharChem (India) Ltd. engages in the manufacture and export of dyes and pigments. The company is headquartered in Ahmedabad, Gujarat and currently employs 168 full-time employees. The company went IPO on 2017-03-28. The firm operates in the chemical business segment. Its products include dye intermediates that include H Acid, Vinyl Sulphone (Acetanilide Base), Ortho Anicidine Vinyl Sulphone (OAVS), and Sulpho Para Vinyl Sulphone (Sulpho VS); Dyes, which includes Reactive Blue 21 and Reactive Black 5; Pigment and Precipitated Silica. The company serves the textile, printing, ink, paint, rubber, plastics, leather and tire industries. The company has two manufacturing facilities, one in Mehsana for Vinyl Sulphone, CPC Green and H-Acid and the other at Dahej for Precipitated Silica. The Company’s products are sold in India and exported across 25 plus countries, including Europe, the United States of America (USA), the Middle East and Africa, and Asia Pacific.
Aksharchem (India) Ltd (524598.BO) Chart
Financial Metrics & Statements of Aksharchem (India) Ltd (524598.BO)
FAQ's for Aksharchem (India) Ltd (524598.BO)
As of August 2026, Aksharchem (India) Ltd 524598.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 Aksharchem (India) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Aksharchem (India) 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 Aksharchem (India) 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 Aksharchem (India) 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 Aksharchem (India) 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 Aksharchem (India) Ltd (524598.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.