Premco Global Ltd 530331.BO
₹400.00 ₹50.95 (11.30%) 1D
Last Updated: Oct 07, 12:00 AM·BSE
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Is Premco Global Ltd Stock Halal?
Shariah Compliance Analysis of 530331.BO Stock
India Consumer Discretionary Nano Cap No. As of October 2026, Premco Global Ltd (530331.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Premco Global Ltd does not pass Musaffa's business and financial screening criteria.
Premco Global Ltd. engages in the manufacture, market, and distribution of woven and knitted elastic and non-elastic narrow fabric and webbing. The firm is into manufacturing of woven and knitted elastic and rigid narrow fabric tape products designed for use in industry-specific applications in the apparel, lingerie, sports-related, medical, footwear, luggage and automotive fields. The company specializes in the production of jacquard elastic tapes for use in underwear manufacturing. The Company’s products include name tapes and plain tapes, buttonholes, rigid tapes and medical tapes, and panty and shoulder elastics. The company produces name tapes for big name brands for their boxer shorts, sports bra and other under and outer-wear garments. Its buttonholes are used in waistbands, fashion items and school and office wear. The company produces narrow elasticated tapes for use on ladies panties. The company caters to the apparel, lingerie, athleisure, medical, footwear, luggage, furnishing, and automotive industries.
530331.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Premco Global Ltd is classified as not halal.
NOT HALALPremco Global Ltd (530331.BO) Chart
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Financial Metrics & Statements of Premco Global Ltd (530331.BO)
FAQ's for Premco Global Ltd (530331.BO)
- As of October 2026, Premco Global Ltd 530331.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 Premco Global Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Premco Global 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 Premco Global 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 Premco Global 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 Premco Global 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 Premco Global Ltd (530331.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
