Is Chennai Ferrous Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Chennai Ferrous Industries Ltd (539011.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 Chennai Ferrous Industries 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 Chennai Ferrous Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Chennai Ferrous Industries Ltd?

Muslim investors may consider investing in Chennai Ferrous Industries 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 Chennai Ferrous Industries Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Chennai Ferrous Industries 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 Chennai Ferrous Industries Ltd updated?

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

Can a halal stock like Chennai Ferrous Industries 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 Chennai Ferrous Industries Ltd?

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

Chennai Ferrous Industries Ltd 539011.BO

₹95.19 ₹3.50 (3.55%) 1D

Last Updated: May 15, 12:00 AM·BSE

539011.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 30, 2026

Report Source: 2026 2nd Quarter Report

Chennai Ferrous Industries Ltd. Stock Analysis 539011.BO

India N/A Nano Cap Report: Q2, 2026

Chennai Ferrous Industries Ltd. engages in the manufacture and sale of sponge iron products. The firm is engaged in the trading of coal. The firm operates through a single segment, namely Trading of coal related products.

Key Statistics of Chennai Ferrous Industries Ltd (539011.BO)

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

Today's Range

₹92.50₹98.69

Today's Open

₹98.69

Volume

247.00

P/E Ratio (TTM)

8.44

52 Week Range

₹57.00₹147.95

Market Cap

303.21M

Avg. Volume

1412.77

Dividend Yield

Financial Metrics & Statements of Chennai Ferrous Industries Ltd (539011.BO)

FAQ's for Chennai Ferrous Industries Ltd (539011.BO)

According to Musaffa’s Shariah screening methodology, Chennai Ferrous Industries Ltd (539011.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.