No. As of October 2026, Phoenix International Ltd (526481.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Phoenix International Ltd does not pass Musaffa's business and financial screening criteria.
Phoenix International Ltd. engages in the manufacture of shoes upper and rental income from immovable properties. The firm operates through two business segments: Shoe uppers Manufacturing and Rental Services of Immovable Properties. The company has a manufacturing facility for shoe uppers in Chennai, India. The Company’s subsidiaries include Phoenix Industries Limited, and Phoenix Cement Limited.
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Phoenix International Ltd 526481.BO
₹28.72 ₹0.72 (2.57%) 1D
Last Updated: Oct 06, 12:00 AM·BSE
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526481.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Phoenix International Ltd is classified as not halal.
NOT HALAL
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FAQ's for Phoenix International Ltd (526481.BO)
As of October 2026, Phoenix International Ltd 526481.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 Phoenix International Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Phoenix International 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 Phoenix International 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 Phoenix International 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 Phoenix International 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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