No. As of September 2026, Maris Spinners Ltd (531503.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Maris Spinners Ltd does not pass Musaffa's business and financial screening criteria.
Maris Spinners Ltd. engages in the manufacture and sale of cotton yarn. The unit supplies its produce to the domestic markets. The firm has interests in tea estates, hotels, and green power generation. The company provides 100% cotton yarn for both knitting and weaving in single and double rings spun in the count range between the Ne 40s to 60s. The firm offers 100% cotton yarn products, including 40 SCW, 60 Compact, and 2/40 CW. The company has a spinning mill manufacturing high-quality yarn for the domestic market with interests in Wind and Solar Energy Generation for captive use. The firm operates two units at Hunsur, Karnataka and Kulithalai Road, Manapparai, Trichy, Tamil Nadu. Its other operating units include Mysore Dt., Karnataka, Trichy District, and Tamil Nadu. The present capacity at Hunsur is 28704 spindles and at Manaparai it is 17472 spindles.
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Maris Spinners Ltd 531503.BO
₹38.40 ₹0.81 (2.07%) 1D
Last Updated: Sep 15, 12:00 AM·BSE
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531503.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Maris Spinners Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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FAQ's for Maris Spinners Ltd (531503.BO)
As of September 2026, Maris Spinners Ltd 531503.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 Maris Spinners Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Maris Spinners 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 Maris Spinners 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 Maris Spinners 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 Maris Spinners 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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