Yes. As of September 2026, Panama Petrochem Ltd (524820.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Panama Petrochem Ltd passes Musaffa's business and financial screening criteria.
Panama Petrochem Ltd. engages in the provision of manufacture of specialty petroleum products for diverse user industries like printing, textiles, rubber, pharmaceuticals, cosmetics, power, and other industrial oil. The Company’s diverse range of products includes white oil/liquid paraffin oil, petroleum jelly, transformer oil, ink and coating oils, rubber process oil, industrial oils and greases, automotive oils, drilling fluids, waxes and other. Its wax products include fully refined paraffin wax, semi-refined paraffin wax, slack wax, micro wax, and others. Its petroleum jellies products include pangel SWJ, pangel WJ, pangel YJ, and material safety data sheet (MSDS). Its geographical segments include Domestic and Overseas. The company has four manufacturing units in India and are located at Ankleshwar (Gujarat), Daman (Union Territory), Daman (Gujarat) and Taloja (Dist. Raigadh). The firm exports its products to the United States, the United Kingdom, Europe, and others.
Panama Petrochem Ltd 524820.BO
₹447.75 ₹34.60 (7.17%) 1D
Last Updated: Sep 15, 12:00 AM·BSE
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524820.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Panama Petrochem Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Panama Petrochem Ltd (524820.BO)
FAQ's for Panama Petrochem Ltd (524820.BO)
As of September 2026, Panama Petrochem Ltd 524820.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 Panama Petrochem Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Panama Petrochem 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 Panama Petrochem 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 Panama Petrochem 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 Panama Petrochem 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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