Yes. As of October 2026, First Fintec Ltd (532379.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Fintec Ltd passes Musaffa's business and financial screening criteria.
First Fintec Ltd. engages in the provision of digital education. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2000-09-28. The firm's verticals include Fintec, FinResearch Analytics and First Edtec. The Fintec vertical includes Invest Tec, Fintec SPAC and Others. Invest Tec is an independent investment division focused on venture capital and private equity advisory. The FinResearch Analytics vertical is an independent research provider offering industrial and financial research covering various sectors, businesses, and companies under the brand name of Firstcall Research. The First Edtec vertical is an e-learning content provider. The firm covers digital content solutions from nursery to class 10 and various higher education segments in India. The company has developed the e-content of CBSE & various State Boards such as Andhra, Telangana and Maharashtra in English medium and the corresponding vernacular mediums. The company has developed more than 250 products in its Edtec segment.
First Fintec Ltd 532379.BO
₹14.16
Last Updated: Oct 05, 12:00 AM·BSE
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532379.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, First Fintec Ltd is classified as halal.
HALAL
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FAQ's for First Fintec Ltd (532379.BO)
As of October 2026, First Fintec Ltd 532379.BO is classified as 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 First Fintec Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in First Fintec 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 First Fintec 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 First Fintec 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 First Fintec 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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