Yes. As of September 2026, Hikal Ltd (524735.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Hikal Ltd passes Musaffa's business and financial screening criteria.
Hikal Ltd. engages in the manufacture of chemical intermediates, specialty chemicals, active pharma ingredients, and contract research activities. The Pharmaceuticals segment produces active pharmaceutical ingredients. Its facilities are in Jigani, Bangalore and Panoli, Gujrat. The Crop protection segment produces pesticides and herbicides. Its facilities are in Taloja, Mahad, Maharashtra and Panoli, Gujarat. Its human health product categories include anti-convulsant, anti-emetic, anti-histaminic, anti-depressant, anti-psychotic, anti-lipemic, and hemorheologic. Its animal health product categories include anti-tick, anti-parasitic, analgesic, anabolic steroids, female sex hormone, and NSAID. Its crop protection products are used in algaecide, biocide, fungicide, herbicide, insecticide, and intermediate. The company offers contract research services for synthesis, process development, and manufacturing projects.
Hikal Ltd 524735.BO
₹222.20 ₹14.80 (6.24%) 1D
Last Updated: Sep 04, 12:00 AM·BSE
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524735.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Hikal Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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FAQ's for Hikal Ltd (524735.BO)
As of September 2026, Hikal Ltd 524735.BO is classified as 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 Hikal Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Hikal 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 Hikal 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 Hikal 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 Hikal 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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