Mohit Paper Mills Ltd 530169.BO
₹27.38 ₹1.37 (5.27%) 1D
Last Updated: Sep 10, 12:00 AM·BSE
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Is Mohit Paper Mills Ltd Stock Halal?
Shariah Compliance Analysis of 530169.BO Stock
India Materials Nano Cap No. As of September 2026, Mohit Paper Mills Ltd (530169.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mohit Paper Mills Ltd does not pass Musaffa's business and financial screening criteria.
Mohit Paper Mills Ltd. engages in the manufacture and sale of paper. The Company’s operations are agro-based, utilizing agricultural by-products, such as bagasse and other readily available agricultural waste to produce high-quality paper. The company also uses imported waste paper for the manufacturing of paper. The firm offers finished paper in the form of reels, sheets and other sizes as required. The firm has a manufacturing unit approximately nine kilometers (km) in Bijnor, Uttar Pradesh. The company has also installed a chemical recovery plant which recovers caustic soda and produces soda ash, which is also a salable by product.
530169.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Mohit Paper Mills Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Mohit Paper Mills Ltd (530169.BO) Chart
Financial Metrics & Statements of Mohit Paper Mills Ltd (530169.BO)
FAQ's for Mohit Paper Mills Ltd (530169.BO)
- As of September 2026, Mohit Paper Mills Ltd 530169.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 Mohit Paper Mills Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Mohit Paper Mills 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 Mohit Paper Mills 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 Mohit Paper Mills 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 Mohit Paper Mills Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Mohit Paper Mills Ltd (530169.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
