No. As of October 2026, Goenka Business & Finance Ltd (538787.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Goenka Business & Finance Ltd does not pass Musaffa's business and financial screening criteria.
Goenka Business & Finance Ltd. is an investment holding company, which engages in acquiring and holding shares, bonds and securities. The firm is non-deposit-accepting NBFC engaged in financial services. The firm carries on the business of an investment company. The company invests, acquires or holds shares, bonds, securities, and others. Its main business is to acquire and hold and otherwise deal in the moneys from time to time in such a manner as may determine to borrow or raise money with or without security and /or by the issue or sale of any bonds, mortgages, debentures and to devote any money so raised to any of the objects of all kinds upon such terms as may be arranged.
Goenka Business & Finance Ltd 538787.BO
₹12.42
Last Updated: Oct 07, 12:00 AM·BSE
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538787.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Goenka Business & Finance Ltd is classified as not halal.
NOT HALAL
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FAQ's for Goenka Business & Finance Ltd (538787.BO)
As of October 2026, Goenka Business & Finance Ltd 538787.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 Goenka Business & Finance Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Goenka Business & 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.
Musaffa determines the Shariah status of Goenka Business & Finance 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 Goenka Business & Finance 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 Goenka Business & Finance 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 Goenka Business & Finance Ltd (538787.BO)
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