No. As of October 2026, Shri Bajrang Alliance Ltd (526981.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Shri Bajrang Alliance Ltd does not pass Musaffa's business and financial screening criteria.
Shri Bajrang Alliance Ltd. is engaged in the business of manufacturing steel and frozen food products. The firm is engaged in the manufacturing of structural steels like angle, channel, joist/beam, round and others at Urla Industrial Complex, Urla, Raipur and engaged in the ready-to-eat frozen food project & extraction of oils & oleoresin essential oils with super-critical fluid extraction technology at Borjhara, Urla Guma Road, Raipur. The company operates a frozen food and essential oil business through its brand, namely, GOELD. Its frozen food products include mac and cheese pops, Punjabi samosa, oozy cheesy corn bites, vegetable spring roll, spinach cheese pocket, vegetable samosa, garlic naan, lachha paratha, paneer paratha, mix veg paratha, dal makhani and more. Its essential oils products include ajowan caraway oil, apricot oil, basil oil, black seed oil, bay leaf oil, ginger oleoresin, cardamom oleoresin, black pepper oleoresin, marigold oleoresin, ajowan caraway oil, black seed oil, bay leaf oil, black pepper oil, and more.
Shri Bajrang Alliance Ltd 526981.BO
₹154.00 ₹3.00 (1.91%) 1D
Last Updated: Oct 13, 12:00 AM·BSE
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526981.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Shri Bajrang Alliance Ltd is classified as not halal.
NOT HALAL
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FAQ's for Shri Bajrang Alliance Ltd (526981.BO)
As of October 2026, Shri Bajrang Alliance Ltd 526981.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 Shri Bajrang Alliance Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Shri Bajrang Alliance 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 Shri Bajrang Alliance 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 Shri Bajrang Alliance 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 Shri Bajrang Alliance 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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