As of September 2026, Shri Krishna Devcon Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Shri Krishna Devcon Ltd. Stock Analysis 531080.BO
India Real Estate Nano Cap
Shri Krishna Devcon Ltd. engages in the business of real estate development. The company is headquartered in Indore, Madhya Pradesh and currently employs 9 full-time employees. The firm is primarily involved in the business of construction, development of townships, housing projects, commercial premises and other related activities. The firm is developing projects mainly in Indore (Madhya Pradesh) and Mumbai (Maharashtra). Its projects include Shrikrishna Corridor, Shri Krishna Enclave, Shri Krishna Emerald Greens, Shri Krishna Emerald Greens II, Shrikrishna Premium Corridor, Shri Krishna Residence, Shri Krishna Divine Greens, Shri Krishna Leela Greens, Shri Krishna Enclave Premium, and Avani Signature. Its subsidiary is Shrikrishna Buildcon.
Shri Krishna Devcon Ltd (531080.BO) Chart
Financial Metrics & Statements of Shri Krishna Devcon Ltd (531080.BO)
FAQ's for Shri Krishna Devcon Ltd (531080.BO)
As of September 2026, Shri Krishna Devcon Ltd 531080.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 Krishna Devcon Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Shri Krishna Devcon 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 Krishna Devcon 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 Krishna Devcon 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 Krishna Devcon 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 Shri Krishna Devcon Ltd (531080.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.