No. As of September 2026, Mahan Industries Ltd (531515.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mahan Industries Ltd does not pass Musaffa's business and financial screening criteria.
Mahan Industries Ltd. is a non-banking financial company, which engages in the provision of equity capital, debts, and loans. The company is headquartered in Ahmedabad, Gujarat and currently employs 6 full-time employees. The company went IPO on 2005-07-07. The firm invests in equity shares and also invest in public companies that are traded stock exchange and acquires investment in the secondary market. The company also provides equity capital to the companies and also provides loans and debts to companies, business entities and high net worth individuals. The firm also trades in commodities.
Mahan Industries Ltd 531515.BO
₹14.83
Last Updated: Sep 11, 12:00 AM·BSE
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531515.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Mahan Industries Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Mahan Industries Ltd (531515.BO)
FAQ's for Mahan Industries Ltd (531515.BO)
As of September 2026, Mahan Industries Ltd 531515.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 Mahan Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Mahan 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 Mahan 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 Mahan 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 Mahan Industries 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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