No. As of October 2026, SMT Engineering Ltd (538563.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SMT Engineering Ltd does not pass Musaffa's business and financial screening criteria.
SMT Engineering Ltd. engages in the provision of securities brokerage services. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2014-07-18. The Company, through its subsidiary, Sai Machine Tools Private Limited, is engaged in manufacturing of plastic processing machinery in central India, having manufacturing facilities at Indore equipped with CNC laser cutting, CNC tool rooms, CNC sheet bending systems, and hard chrome plating, among others. The company is engaged in trading in commodities, as well as investments in mutual funds, shares, securities, and property.
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SMT Engineering Ltd 538563.BO
₹294.90 ₹13.00 (4.22%) 1D
Last Updated: Oct 15, 12:00 AM·BSE
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538563.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, SMT Engineering Ltd is classified as not halal.
NOT HALAL
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FAQ's for SMT Engineering Ltd (538563.BO)
As of October 2026, SMT Engineering Ltd 538563.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 SMT Engineering Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in SMT Engineering 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 SMT Engineering 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 SMT Engineering 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 SMT Engineering 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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