No. As of September 2026, IEL Ltd (524614.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. IEL Ltd does not pass Musaffa's business and financial screening criteria.
IEL Ltd. engages in the manufacture and export of solvent extraction and edible groundnut oil due. The company is headquartered in Ahmedabad, Gujarat. The firm is also into the business or trade or activities of providing services in the areas of warehousing, leasing, renting, hire-purchase, market support services, distributors, information technology consultancy or related products, health or medical services, business support services, advisory or research services in any field, industrial or project consultancy and outsourcing activities of any nature.
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IEL Ltd 524614.BO
₹5.62 ₹0.05 (0.88%) 1D
Last Updated: Sep 07, 12:00 AM·BSE
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524614.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, IEL Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of IEL Ltd (524614.BO)
FAQ's for IEL Ltd (524614.BO)
As of September 2026, IEL Ltd 524614.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 IEL Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in IEL 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 IEL 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 IEL 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 IEL 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 IEL Ltd (524614.BO)
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