Is Coral India Finance and Housing Ltd Stock Halal?
Shariah Compliance Analysis of 531556.BO Stock
India Industrials Nano Cap
No. As of September 2026, Coral India Finance and Housing Ltd (531556.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Coral India Finance and Housing Ltd does not pass Musaffa's business and financial screening criteria.
Coral India Finance & Housing Ltd. engages in the development of housing properties. The company is headquartered in Mumbai, Maharashtra and currently employs 6 full-time employees. The firm is primarily engaged in the construction, development and maintenance of properties and related services and investment, which includes lending and investments in the capital market. Its segments include Investments and Construction. The firm's projects include Coral Square Bungalow, Coral Twin Bungalow and Coral Heights. The company provides various amenities, such as a clubhouse; a fully equipped sauna bath, steam bath and jacuzzi; indoor games center with table-tennis; library; landscaped garden with children's play area; car parking in stilt and podium, and generator backup for emergency operation of elevators, pump room and common staircase lighting, among others.
Coral India Finance and Housing Ltd 531556.BO
₹32.70 ₹0.10 (0.31%) 1D
Last Updated: Sep 08, 12:00 AM·BSE
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531556.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Coral India Finance and Housing Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Coral India Finance and Housing Ltd (531556.BO) Chart
Financial Metrics & Statements of Coral India Finance and Housing Ltd (531556.BO)
FAQ's for Coral India Finance and Housing Ltd (531556.BO)
As of September 2026, Coral India Finance and Housing Ltd 531556.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 Coral India Finance and Housing Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Coral India Finance and Housing 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 Coral India Finance and Housing 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 Coral India Finance and Housing 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 Coral India Finance and Housing 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 Coral India Finance and Housing Ltd (531556.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.