No. As of September 2026, Hawa Engineers Ltd (539176.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Hawa Engineers Ltd does not pass Musaffa's business and financial screening criteria.
Hawa Engineers Ltd. engages in the manufacture of engines and turbines. The company is headquartered in Ahmedabad, Gujarat and currently employs 66 full-time employees. The company went IPO on 2015-06-05. The company is also an exporter of all types of industrial valves, such as gate valve, globe valve, check valve, ball valve, butterfly valve, strainer, air valve, diaphragm valve, plug valve, steam trap, knife-edge gate valve, pneumatic and electric operated control valves, IBR and Non-IBR Valves, EIL approved valves and flanges. The valves range in size from 10 NB to 2700 NB with pressure rating class 150 to 2500 and even higher classes and the materials of construction are in cast iron, carbon steel, stainless steel, forged steel, gun metal/bronze as well as alloy steel to suit specific customer’s requirement. Its gate valves include Gate Valve Class 125 Bolted Bonnet, Investment Casting Gate Valve Class 300 Bolted Bonnet, and others. Its globe valve includes Investment Casting Class 150 Globe Valve Bolted Bonnet, Globe Valve Class 150 Bolted Bonnet, and others.
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Hawa Engineers Ltd 539176.BO
₹78.05 ₹1.45 (1.82%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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539176.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Hawa Engineers Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Hawa Engineers Ltd (539176.BO) Chart
Financial Metrics & Statements of Hawa Engineers Ltd (539176.BO)
FAQ's for Hawa Engineers Ltd (539176.BO)
As of September 2026, Hawa Engineers Ltd 539176.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 Hawa Engineers Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Hawa Engineers 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 Hawa Engineers 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 Hawa Engineers 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 Hawa Engineers 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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