Vaswani Industries Ltd 533576.BO
₹44.98 ₹1.37 (2.96%) 1D
Last Updated: Sep 07, 12:00 AM·BSE
Pricing for IN stocks is delayed by 24 hours
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
Pricing
Company
About Musaffa
Investors
Build with us
Is Vaswani Industries Ltd Stock Halal?
Shariah Compliance Analysis of 533576.BO Stock
India Materials Nano Cap No. As of September 2026, Vaswani Industries Ltd (533576.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Vaswani Industries Ltd does not pass Musaffa's business and financial screening criteria.
Vaswani Industries Ltd. engages in the manufacture of sponge iron, steel billets, ingots and power generation. The company is headquartered in Raipur, Chhattisgarh. The company went IPO on 2011-09-20. The firm's segments include Iron & Steel, Power, Real Estate, and Agri Products. Its products include forging ingots/billets, sponge iron, and power. Its forging ingots include square and fluted types. The company has a capacity of producing 6000 metric tons (MT) of forging quality, casting one heat of 10 metric tons of material. The company also delivers different grades of carbon/ spring/ alloy steel products, such as EN-8, EN-9, EN-18, EN-19, C-45, Sup 9 and Sup 11. Its 03 Waste heat recovery boilers (WHRB), in the form of renewable energy from 100 TPD sponge iron kilns. The electricity generated in the captive power plant is used by the steel melting shop (SMS). Sponge iron is also known as direct reduced iron and it is the product of reducing iron oxide in the form of iron ore into metallic iron.
533576.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Vaswani Industries Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Vaswani Industries Ltd (533576.BO) Chart
Financial Metrics & Statements of Vaswani Industries Ltd (533576.BO)
FAQ's for Vaswani Industries Ltd (533576.BO)
- As of September 2026, Vaswani Industries Ltd 533576.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 Vaswani Industries Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Vaswani Industries 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 Vaswani Industries 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 Vaswani Industries 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 Vaswani Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Vaswani Industries Ltd (533576.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
