As of August 2026, Modern Engineering and Projects Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Modern Engineering and Projects Ltd. Stock Analysis 539762.BO
India N/A Nano Cap
Modern Engineering & Projects Ltd. is a trading company, which engages in the provision of trading and investment in shares and securities. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2016-04-21. The company offers business solutions in the areas of transportation engineering, civil construction and other allied works under the build, operate and transfer (BOT), engineering, procurement and construction (EPC). Its range of services includes engineering design, planning and estimation of a project, market studies, feasibility report preparation, project management services, architectural and construction engineering services, project commissioning, operations and maintenance, and special advisory services. The company bids on various projects all across India and executes these contracts by forming joint ventures. Its project includes construction of 8-lanes of the existing 4-lane Vadape to Thane, Construction Under Ground Swerage and Sewage Treatment Plant at Khopoli.
Modern Engineering and Projects Ltd (539762.BO) Chart
Financial Metrics & Statements of Modern Engineering and Projects Ltd (539762.BO)
FAQ's for Modern Engineering and Projects Ltd (539762.BO)
As of August 2026, Modern Engineering and Projects Ltd 539762.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 Modern Engineering and Projects Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Modern Engineering and Projects 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 Modern Engineering and Projects 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 Modern Engineering and Projects 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 Modern Engineering and Projects 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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