Yes. As of September 2026, Creative Castings Ltd (539527.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Creative Castings Ltd passes Musaffa's business and financial screening criteria.
Creative Castings Ltd. manufactures, sells, and exports machined and unmachined investment castings in India. The company is headquartered in Junagadh, Gujarat and currently employs 114 full-time employees. The company went IPO on 2016-01-04. The company is engaged in the manufacturing and selling of all types of steel and alloy steel investment castings. The company is also engaged in generating power from wind energy. Its segments include Casting and Wind Turbine Power Generation. The company manufactures both ferrous and non-ferrous castings. Ferrous castings comprise stainless-steel castings of various grades and carbon steel. Non-ferrous castings consist of cobalt base alloy and nickel base alloy castings. Its products have a wide range of applications in various industries, such as industrial pumps, electrical engineering, valve industries, anti-fire equipment, defense industries, instrumentations, medical implants, general engineering, oil and gas industries, and power industries, among others. The company has two furnaces with capacities of over 300 kilograms (kg) each per heat. The company caters to both domestic and international markets.
Creative Castings Ltd 539527.BO
₹658.00 ₹7.00 (1.08%) 1D
Last Updated: Sep 09, 12:00 AM·BSE
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539527.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Creative Castings Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Creative Castings Ltd (539527.BO)
FAQ's for Creative Castings Ltd (539527.BO)
As of September 2026, Creative Castings Ltd 539527.BO is classified as 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 Creative Castings Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Creative Castings 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 Creative Castings 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 Creative Castings 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 Creative Castings 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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