No. As of September 2026, Thakkers Developers Ltd (526654.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Thakkers Developers Ltd does not pass Musaffa's business and financial screening criteria.
Thakkers Developers Ltd. is a holding company, which engages in construction and real estate development. The company employs 114 full-time employees Its segments include Construction & Contract Related Activity and Estate Dealing & Development Activity. The company also executes construction projects through its subsidiaries. Its projects include ongoing residential, ongoing commercial, completed residential and completed commercial. Its ongoing residential projects include The Manor, Vida 26, Richmond Heights B, Thakkers Paradise and Eva Luxuria. Its ongoing commercial projects include Highstreet-Center, Manohar Arcade, Nexus-Nashik, M Square, and Nexus-Nagpur. Its completed residential projects consist of Richmond Heights, Indigo Park, Grandeur, Thakkers Treasure, Thakkers Enclave, and Nishigandha Avenue, and others. Its completed commercial projects consist of Purab Pashchim Plaza and Thakkers Majesty. The company provides services to the residential, commercial, retail, and agricultural segments, among others.
Thakkers Developers Ltd 526654.BO
₹145.90 ₹3.05 (2.14%) 1D
Last Updated: Sep 07, 12:00 AM·BSE
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526654.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Thakkers Developers Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for Thakkers Developers Ltd (526654.BO)
As of September 2026, Thakkers Developers Ltd 526654.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 Thakkers Developers Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Thakkers Developers 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 Thakkers Developers 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 Thakkers Developers 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 Thakkers Developers 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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