No. As of October 2026, Mega Nirman & Industries Ltd (539767.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mega Nirman & Industries Ltd does not pass Musaffa's business and financial screening criteria.
Mega Nirman & Industries Ltd. engages in the business of investment, acquiring, and dealings with precious metals, precious stones, and jewellery. The company is headquartered in New Delhi, Delhi. The company went IPO on 2016-03-23. The firm is involved in the business of acquiring, dealing in other precious metals, precious stones, jewelry and buying, selling and dealing, wholesale and retailing, in precious metals, precious stones, jewelry and articles made of precious metals, precious stones, articles of virtue and objects of art.
Mega Nirman & Industries Ltd 539767.BO
₹57.90 ₹1.60 (2.69%) 1D
Last Updated: Oct 15, 12:00 AM·BSE
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539767.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Mega Nirman & Industries Ltd is classified as not halal.
NOT HALAL
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FAQ's for Mega Nirman & Industries Ltd (539767.BO)
As of October 2026, Mega Nirman & Industries Ltd 539767.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 Mega Nirman & Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Mega Nirman & Industries 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 Mega Nirman & Industries 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 Mega Nirman & Industries 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 Mega Nirman & Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Mega Nirman & Industries Ltd (539767.BO)
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