Is Mangalam Industrial Finance Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mangalam Industrial Finance Ltd (537800.BO) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Mangalam Industrial Finance Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mangalam Industrial Finance Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mangalam Industrial Finance Ltd?

Muslim investors may consider investing in Mangalam Industrial Finance 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.

Why is Mangalam Industrial Finance Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Mangalam Industrial Finance Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Mangalam Industrial Finance Ltd updated?

The Shariah compliance status of Mangalam Industrial Finance Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Mangalam Industrial Finance Ltd become non-compliant?

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.

Where can I check the Shariah status of Mangalam Industrial Finance Ltd?

You can check the latest Shariah compliance status of Mangalam Industrial Finance Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Mangalam Industrial Finance Ltd 537800.BO

₹0.61 ₹0.01 (1.67%) 1D

Last Updated: May 15, 12:00 AM·BSE

537800.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 14, 2026

Report Source: 2026 2nd Quarter Report

Mangalam Industrial Finance Ltd. Stock Analysis 537800.BO

India Financials Nano Cap Report: Q2, 2026

Mangalam Industrial Finance Ltd. operates as a non-banking financial services company. The company is headquartered in Vadodara, Gujarat and currently employs 6 full-time employees. The company went IPO on 2014-03-21. The firm aids its customers with financial solutions primarily for the purchase of electric two-wheelers. The company also offers personal loan, business loan and professional loan. The company offers personal loans for salaried employees, government employees, chartered accountants, company secretaries, doctors, medical emergencies, travel, weddings and women. The firm's business loans include unsecured business loan, small business loan, business loan for women, business loan for working capital, business loan scheme for micro, small & medium enterprises, business loan for proprietorship and business loan for retail shop. Its professional loans include professional loan for chartered accountants, professional loan for company secretaries and professional loan for doctors. The firm's platform is CloudBankin.

Key Statistics of Mangalam Industrial Finance Ltd (537800.BO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹0.60₹0.61

Today's Open

₹0.60

Volume

3.70M

P/E Ratio (TTM)

70.81

52 Week Range

₹0.59₹2.08

Market Cap

1.10B

Avg. Volume

9.88M

Dividend Yield

Financial Metrics & Statements of Mangalam Industrial Finance Ltd (537800.BO)

FAQ's for Mangalam Industrial Finance Ltd (537800.BO)

According to Musaffa’s Shariah screening methodology, Mangalam Industrial Finance Ltd (537800.BO) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.