No. As of October 2026, Shraddha Prime Projects Ltd (531771.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Shraddha Prime Projects Ltd does not pass Musaffa's business and financial screening criteria.
Shraddha Prime Projects Ltd. engages in the manufacturing of survey instruments. The company is headquartered in Mumbai, Maharashtra and currently employs 16 full-time employees. The company went IPO on 2011-07-14. The firm is engaged in the business of real estate activities which involves developing, leasing, constructing and redeveloping various residential and commercial projects in India. The Company’s focus is to create projects spanning across all the categories of residential buildings from townships to slum rehabilitation projects. Its ongoing projects include Shraddha Park City, Shraddha Palacious, Shraddha Paradise, Shraddha Panorama, Shraddha Peninsula, Shraddha Priva, Shraddha Pavilion, and more. Shradhaa Peninsula offers 1 and 2 bedroom, hall, and kitchen (BHK) with a range of amenities, such as lobby, gymnasium, indoor games, kids play area, security, car parking, CCTV surveillance, fire alarm system, firefighting system, vitrified flooring, gypsum finished walls, intercom facility, society office, common space area, small lounge, video door bell, and power back-up (lift, lobby & common area).
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Shraddha Prime Projects Ltd 531771.BO
₹164.65 ₹1.10 (0.67%) 1D
Last Updated: Oct 16, 12:00 AM·BSE
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531771.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Shraddha Prime Projects Ltd is classified as not halal.
NOT HALAL
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FAQ's for Shraddha Prime Projects Ltd (531771.BO)
As of October 2026, Shraddha Prime Projects Ltd 531771.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 Shraddha Prime Projects Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Shraddha Prime Projects 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 Shraddha Prime Projects 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 Shraddha Prime Projects 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 Shraddha Prime Projects 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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