No. As of October 2026, Mega Corp Ltd (531417.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mega Corp Ltd does not pass Musaffa's business and financial screening criteria.
Mega Corp. Ltd. engages in investment in securities and provides loans and leasing, and financial services to other establishments. The company is headquartered in New Delhi, Delhi and currently employs 9 full-time employees. The company went IPO on 2000-07-18. The firm is engaged in investment in securities and provides loans and leasing and financial services to other establishments. The firm is expanding its operations through the Lendingo brand, which offers electric vehicle (EV) lithium battery financing. Its products include EV lithium battery financing, green funding loans, personal loans and unsecured business loans. Its green loans include solar loans, electric vehicle loans, home energy improvement loans, and green business loans.
Mega Corp Ltd 531417.BO
₹2.34 ₹0.04 (1.74%) 1D
Last Updated: Oct 14, 12:00 AM·BSE
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531417.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Mega Corp Ltd is classified as not halal.
NOT HALAL
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FAQ's for Mega Corp Ltd (531417.BO)
As of October 2026, Mega Corp Ltd 531417.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 Mega Corp Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Mega 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 Mega 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 Mega 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 Mega Corp 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 Mega Corp Ltd (531417.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.