No. As of September 2026, Uttam Sugar Mills Ltd (532729.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Uttam Sugar Mills Ltd does not pass Musaffa's business and financial screening criteria.
Uttam Sugar Mills Ltd. engages in the production and manufacture of sugar and other allied products. The firm is engaged in manufacturing sugar by processing sugarcane through controlled process, generation of power, and manufacturing of industrial alcohol. The Sugar segment is engaged in manufacturing and sale of sugar and its by-products and power. Cogeneration Power is supplied to distribution companies from the Company’s facilities. The Distillery segment is engaged in the sale of industrial alcohol which mainly constitutes ethanol sold under contracts with public and private oil marketing companies and other products to institutional buyers. The company has an installed capacity of approximately 122 megawatts (MW), the Company also has an exportable capacity of 64 MW of green power. Its industrial usage products include pharma sugar, double refined sugar, invert sugar syrup, plantation white sugar and demerara sugar. Its consumer usage products include liquid sugar, natural brown, sulpherfree sugar, sulpherfree bura, among others.
Uttam Sugar Mills Ltd 532729.BO
₹255.80 ₹22.30 (8.02%) 1D
Last Updated: Sep 15, 12:00 AM·BSE
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532729.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Uttam Sugar Mills Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Uttam Sugar Mills Ltd (532729.BO)
FAQ's for Uttam Sugar Mills Ltd (532729.BO)
As of September 2026, Uttam Sugar Mills Ltd 532729.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 Uttam Sugar Mills Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Uttam Sugar Mills 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 Uttam Sugar Mills 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 Uttam Sugar Mills 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 Uttam Sugar Mills 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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