No. As of September 2026, Octal Credit Capital Ltd (538894.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Octal Credit Capital Ltd does not pass Musaffa's business and financial screening criteria.
Octal Credit Capital Ltd. engages in providing non-banking finance services. The company is headquartered in Kolkata, West Bengal and currently employs 4 full-time employees. The company went IPO on 2015-01-21. The firm is engaged in providing loans. The firm is also engaged in loan financing and trading in shares and securities. Its segments include Financing Activity and Trading in Shares & Security/Investment Activity.
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Octal Credit Capital Ltd 538894.BO
₹18.85 ₹0.18 (0.95%) 1D
Last Updated: Sep 07, 12:00 AM·BSE
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538894.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Octal Credit Capital Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Octal Credit Capital Ltd (538894.BO)
FAQ's for Octal Credit Capital Ltd (538894.BO)
As of September 2026, Octal Credit Capital Ltd 538894.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 Octal Credit Capital Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Octal Credit Capital 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 Octal Credit Capital 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 Octal Credit Capital 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 Octal Credit Capital 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 Octal Credit Capital Ltd (538894.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.