Is Mahaveer Infoway Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mahaveer Infoway Ltd (539383.BO) is currently classified as NOT HALAL as of October 2025. 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 Mahaveer Infoway 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 Mahaveer Infoway Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mahaveer Infoway Ltd?

Muslim investors may consider investing in Mahaveer Infoway 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 Mahaveer Infoway Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Mahaveer Infoway 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 Mahaveer Infoway Ltd updated?

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

Can a halal stock like Mahaveer Infoway 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 Mahaveer Infoway Ltd?

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

Mahaveer Infoway Ltd 539383.BO

₹12.69 ₹0.69 (5.75%) 1D

Last Updated: May 15, 12:00 AM·BSE

539383.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 16, 2025

Report Source: 2026 1st Quarter Report

Mahaveer Infoway Ltd. Stock Analysis 539383.BO

India Information Technology Nano Cap Report: Q1, 2026

Mahaveer Infoway Ltd. engages in the provision of technology-oriented solutions and consulting services. The company is headquartered in Hyderabad, Telangana and currently employs 27 full-time employees. The company went IPO on 2010-09-30. The firm is engaged in the field of software development, information technology (IT) consulting, networking solutions, software testing, training, distribution of IT and telecom products, offshore staffing, real estate development and financial services. The company provides a comprehensive set of services that covers various domains. Its segments include Mobiles, IT & Consultancy and Educational. The company provides a range of services, including software development, product and application testing, packaged software integration, system maintenance, and engineering design services. Its Software Products segment engages in the product development and creation of propriety software. The company offers services to customers in a range of industries, including insurance, banking and financial services, manufacturing, telecommunications, transportation, and engineering services.

Key Statistics of Mahaveer Infoway Ltd (539383.BO)

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

Today's Range

₹11.53₹12.69

Today's Open

₹12.00

Volume

250.00

P/E Ratio (TTM)

79.80

52 Week Range

₹6.44₹15.88

Market Cap

61.85M

Avg. Volume

680.80

Dividend Yield

Financial Metrics & Statements of Mahaveer Infoway Ltd (539383.BO)

FAQ's for Mahaveer Infoway Ltd (539383.BO)

According to Musaffa’s Shariah screening methodology, Mahaveer Infoway Ltd (539383.BO) is currently classified as NOT HALAL as of October 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.