No. As of October 2026, Neelkanth Rock-Minerals Ltd (531049.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Neelkanth Rock-Minerals Ltd does not pass Musaffa's business and financial screening criteria.
Neelkanth Rockminerals Ltd. engages in the manufacturing and selling of granite slabs, tiles, and mineral products. The company is headquartered in Jodhpur, Rajasthan. The company went IPO on 2005-07-07. The firm is engaged in the manufacturing and selling of granite slabs/tiles and mineral products. The firm has an integrated granite quarrying and processing unit. Its products include random and cut-to-size granite slabs and tiles, granite counter tops, kitchen tops, and vanity tops. Its process house is situated at Jodhpur, Rajasthan, which is 100 kilometers distances from captive granite quarries.
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Neelkanth Rock-Minerals Ltd 531049.BO
₹56.30 ₹3.34 (5.86%) 1D
Last Updated: Oct 14, 12:00 AM·BSE
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531049.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Neelkanth Rock-Minerals Ltd is classified as not halal.
NOT HALAL
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FAQ's for Neelkanth Rock-Minerals Ltd (531049.BO)
As of October 2026, Neelkanth Rock-Minerals Ltd 531049.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 Neelkanth Rock-Minerals Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Neelkanth Rock-Minerals 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 Neelkanth Rock-Minerals 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 Neelkanth Rock-Minerals 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 Neelkanth Rock-Minerals 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 Neelkanth Rock-Minerals Ltd (531049.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.