Frontline Corp. Ltd. engages in the provision of bulk transportation, trading of auto components, manufacturing of refractory items, and wind energy generation. The company is headquartered in Ahmedabad, Gujarat and currently employs 97 full-time employees. The company went IPO on 2007-07-20. The firm is engaged in the business of transportation of goods, trading in automobile parts and lubricants, generation of wind power, supply of manpower, renting of immovable property and trading of motor spirit (MS) & high-speed diesel (HSD) at petrol pump outlet. The firm operates through six segments: Transportation, Trading, Wind Energy, Renting of Immovable Property, Petrol Pump, and Others. The company is mainly in the business of bulk transportation (FTL), trading of auto components and generation of green power through harnessing wind energy. The company manages a fleet of more than 70 heavy commercial vehicles (HCVs) for transportation activities of raw materials and finished products for Hindustan Coca Cola Beverages Pvt. Ltd. The company manages a fleet of about 65 trucks catering to the customized needs of bulk handling and transportation of cargo throughout the country. The company has an installed capacity of 2.65 megawatt (MW) of wind energy.
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FAQ's for Frontline corporation Ltd (532042.BO)
As of August 2026, Frontline corporation Ltd 532042.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 Frontline corporation Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Frontline corporation 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 Frontline corporation 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 Frontline corporation 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 Frontline corporation 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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