Yes. As of September 2026, Waaree Renewable Technologies Ltd (534618.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Waaree Renewable Technologies Ltd passes Musaffa's business and financial screening criteria.
Waaree Renewable Technologies Ltd. engages in the generation of power through renewable energy resources. The firm is a solar developer that finances, constructs, owns, and operates solar projects. The firm's segments include EPC Contracts and Power Sale. Its solutions and services include Ground-Mounted solar, Floating Solar, RESCO Model, CAPEX Model, Rooftop Solar, and Operations and Maintenance. The company provides both on-site solar projects (rooftop and ground-mounted) and off-site solar farms (open-access solar plants). The firm operates across geographies, focusing on long-term investments within the commercial and industrial customer segments. Its projects include 140 megawatts (MW) - Continuum Green Energy, 51 MW - Renew Power, 540MW - Conntinum Green Energy, BAPS Temple - 50 + sites Roof top Solar, Babaji Shivram -70KW, 27 MW - Roha Dyechem, NTPC, Kawas 1000KWP, 14 MW - MSL (Maharashtra Seamless Limited), and 1.1MW - Rubamin Project, Vadodara.
Waaree Renewable Technologies Ltd 534618.BO
₹837.00 ₹6.90 (0.83%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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534618.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Waaree Renewable Technologies Ltd is classified as halal.
Financial Metrics & Statements of Waaree Renewable Technologies Ltd (534618.BO)
FAQ's for Waaree Renewable Technologies Ltd (534618.BO)
As of September 2026, Waaree Renewable Technologies Ltd 534618.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 Waaree Renewable Technologies Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Waaree Renewable Technologies 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 Waaree Renewable Technologies 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 Waaree Renewable Technologies 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 Waaree Renewable Technologies 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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