No. As of September 2026, Rander Corp Ltd (531228.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Rander Corp Ltd does not pass Musaffa's business and financial screening criteria.
Rander Corp. Ltd. is a real estate company, which engages in the construction and real estate development and mainly operates in Boisar, Tarapur region of Maharashtra. The company is headquartered in Thane, Maharashtra and currently employs 13 full-time employees. The company went IPO on 2005-07-07. The firm is also engaged in the infrastructure segment. The firm's real estate projects include Krishna Nagar, Krishna Residency, Shiv Ganga, and Balaram Nivas. Its completed projects include Keshav Nagar, Suyog Apartments and Shanti Nagar. The Shanti Nagar project is a residential project of approximately 125 flats in partnership with Sangam builders. The Suyog Apartments project is a redevelopment project built in partnership with omkar developers.
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Rander Corp Ltd 531228.BO
₹13.00 ₹1.21 (10.26%) 1D
Last Updated: Sep 15, 12:00 AM·BSE
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531228.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Rander Corp Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for Rander Corp Ltd (531228.BO)
As of September 2026, Rander Corp Ltd 531228.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 Rander Corp Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Rander Corp 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 Rander Corp 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 Rander Corp 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 Rander Corp 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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