No. As of October 2026, Riba Textiles Ltd (531952.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Riba Textiles Ltd does not pass Musaffa's business and financial screening criteria.
Riba Textiles Ltd. engages in the manufacture of terry towels and tufted rugs. The firm is engaged in the manufacturing of terry towels, bathmats, and other textile products. The company has a fully integrated unit with a composite plant incorporating dyeing, weaving, finishing, sublimation, shearing embroideries and tufting. Its product categories include bath towels, beach towels, tufted rugs, and MicrobeSafe. Its bath towels include spa towels, yarn dyed towels, plain dyed towels, embroidered towels, bath robes, and bundles and bale packs. Its beach towels include double jacquard beach towels, weft insert and stripe beach towels, and accessories. Its tufted rugs include yarn dyed, piece dyed, and bundles and bales. Its MicrobeSafe is an antimicrobial treatment technology using SILVADUR's patented technology delivers silver ions to fabric surfaces and activates them in the presence of undesirable bacteria.
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Riba Textiles Ltd 531952.BO
₹63.75 ₹1.25 (1.92%) 1D
Last Updated: Oct 15, 12:00 AM·BSE
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531952.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Riba Textiles Ltd is classified as not halal.
NOT HALAL
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FAQ's for Riba Textiles Ltd (531952.BO)
As of October 2026, Riba Textiles Ltd 531952.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 Riba Textiles Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Riba Textiles 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 Riba Textiles 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 Riba Textiles 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 Riba Textiles 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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