Yes. As of October 2026, Saffron Industries Ltd (531436.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Saffron Industries Ltd passes Musaffa's business and financial screening criteria.
Saffron Industries Ltd. engages in the manufacturing and marketing of paper products. The company is headquartered in Nagpur, Maharashtra. The company went IPO on 2001-05-28. The firm specializes in the manufacturing of kraft paper and newsprint paper. Its newsprint papers are a non-archival paper most commonly used to print newspapers, and other publications and advertising material. Newsprint is used in the printing of newspapers, flyers, and other printed material intended for mass distribution. Its kraft papers are produced by the method of kraft process which converts wood into wood pulp. Its product range includes kraft papers, color boards, chromo papers, bleached kraft papers, white top kraft liners, L.W.C. papers, Maplitho papers, S.B.S papers, art card, sack kraft paper, cellulose paper and others. The firm possesses the multifaceted infrastructure to cater to industries as diverse as textiles, consumer durables industry, the oil packaging industries and pharmaceutical industries.
S
Saffron Industries Ltd 531436.BO
₹24.00 ₹1.00 (4.35%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
Pricing for IN stocks is delayed by 24 hours
531436.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Saffron Industries Ltd is classified as halal.
HALAL
Saffron Industries Ltd (531436.BO) Chart
Fetching Price Chart...
Financial Metrics & Statements of Saffron Industries Ltd (531436.BO)
FAQ's for Saffron Industries Ltd (531436.BO)
As of October 2026, Saffron Industries Ltd 531436.BO is classified as 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 Saffron Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Saffron Industries 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 Saffron Industries 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 Saffron Industries 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 Saffron Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Saffron Industries Ltd (531436.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.