No. As of October 2026, Ashish Polyplast Ltd (530429.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ashish Polyplast Ltd does not pass Musaffa's business and financial screening criteria.
Ashish Polyplast Ltd. engages in the manufacture and sale of poly vinyl chloride pipes. The company is headquartered in Ahmedabad, Gujarat and currently employs 15 full-time employees. The company operates as a manufacturer and exporter of a wide range of Premium Braided Hoses, and Flexible PVC Hoses. Its range of products includes Air & Pneumatic Hose Pipe (Transparent), Water Hose Pipe (Green), Welding Hose Pipe (Red & Blue), Thermoplast Welding Hose Pipe (Red & Blue), Car Washing Hose Pipe (Black), Super Spray Hose Pipe (Yellow), Pvc Medium-Duty Suction & Delivery Hose Pipe (Green), Pvc Heavy-Duty Suction & Delivery Hose Pipe (Gray), Pvc Flexible Oil Hose Pipe (Blue), Pvc Flexible Duct Hose Pipe (Gray / Transparent), Pvc Flexible Non-Toxic Hose Pipe (Transparent). Its hoses and hose assemblies have applications in various areas, such as agriculture, chemical industries, petrochemical industries, firefighting, construction and engineering, suction uses in mineral extraction industries, shipping and dredging, sewage conveying and disposal, and general industries.
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Ashish Polyplast Ltd 530429.BO
₹27.97 ₹3.87 (12.15%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
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530429.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Ashish Polyplast Ltd is classified as not halal.
NOT HALAL
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FAQ's for Ashish Polyplast Ltd (530429.BO)
As of October 2026, Ashish Polyplast Ltd 530429.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 Ashish Polyplast Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Ashish Polyplast 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 Ashish Polyplast 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 Ashish Polyplast 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 Ashish Polyplast 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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