No. As of October 2026, Palco Metals Ltd (539121.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Palco Metals Ltd does not pass Musaffa's business and financial screening criteria.
Palco Metals Ltd. engages in recycling various metals and scrap. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2015-05-04. The firm is engaged in a single segment of manufacturing and trading of non-ferrous metals and all other activities. The firm operates through its subsidiary, Palco Recycle Industries Limited, which is engaged in the business of manufacturing and selling aluminum wire rods and other aluminum dioxidant like aluminum ingot, aluminum notch bar, aluminum shots, and aluminum alloys.
Palco Metals Ltd 539121.BO
₹221.80 ₹33.80 (17.98%) 1D
Last Updated: Oct 07, 12:00 AM·BSE
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539121.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Palco Metals Ltd is classified as not halal.
NOT HALAL
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FAQ's for Palco Metals Ltd (539121.BO)
As of October 2026, Palco Metals Ltd 539121.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 Palco Metals Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Palco Metals 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 Palco Metals 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 Palco Metals 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 Palco Metals 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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