No. As of October 2026, Paul Merchants Ltd (539113.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Paul Merchants Ltd does not pass Musaffa's business and financial screening criteria.
Paul Merchants Ltd. engages in the provision of money transfer services and the operation of a travel agency. The Company’s segments include Forex, Travel, and Money Transfer. The company offers exchange services in the form of currency notes, traveler's cheques, travel cards, outward remittances, and foreign currency drafts. The company offers air ticketing, hotel accommodation, buses, cruise, hotel packages, and travel insurance to both business-to-business (B2B) and business-to-consumer (B2C) solutions to cater to clients of both sectors. The company offers the services of Western Union, RIA Money Transfer and TransFast Money Transfer. The company also provides services, such as business payment solutions and international sim cards. The company offers complete transparency in all the types of transactions through a trusted network. The company offers currency notes in all currencies of different denominations.
Paul Merchants Ltd 539113.BO
₹488.95 ₹28.70 (6.24%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
Pricing for IN stocks is delayed by 24 hours
539113.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Paul Merchants Ltd is classified as not halal.
NOT HALAL
Paul Merchants Ltd (539113.BO) Chart
Fetching Price Chart...
Financial Metrics & Statements of Paul Merchants Ltd (539113.BO)
FAQ's for Paul Merchants Ltd (539113.BO)
As of October 2026, Paul Merchants Ltd 539113.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 Paul Merchants Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Paul Merchants 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 Paul Merchants 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 Paul Merchants 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 Paul Merchants Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.