Confidence Futuristic Energetech Ltd 539991.BO
₹45.40 ₹0.10 (0.22%) 1D
Last Updated: Oct 01, 12:00 AM·BSE
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Is Confidence Futuristic Energetech Ltd Stock Halal?
Shariah Compliance Analysis of 539991.BO Stock
India Industrials Nano Cap No. As of October 2026, Confidence Futuristic Energetech Ltd (539991.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Confidence Futuristic Energetech Ltd does not pass Musaffa's business and financial screening criteria.
Confidence Futuristic Energetech Ltd. engages in the sale and manufacture of composite cylinder. The company is headquartered in New Delhi, Delhi and currently employs 0 full-time employees. The company went IPO on 2015-01-06. The company is also engaged in the compressed natural gas (CNG)/oxygen cylinder business through its subsidiaries, Confidence Enterprises Pvt Ltd and Sarju Impex Limited. The Company’s LPG division includes the LPG marketing and bottling business and others. Its CNG Cylinder division includes production and marketing operations of CNG/high pressure/oxygen cylinders. The Company, along with its subsidiary companies, engages in the business of CNG high pressure cylinders, manufacturing of LPG cylinders, CNG cascade, medical oxygen cylinders and high-pressure seamless steel gas cylinders for industrial gases. Its subsidiary also includes Confidence Green Fuel Private Limited.
539991.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Confidence Futuristic Energetech Ltd is classified as not halal.
NOT HALALConfidence Futuristic Energetech Ltd (539991.BO) Chart
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Financial Metrics & Statements of Confidence Futuristic Energetech Ltd (539991.BO)
FAQ's for Confidence Futuristic Energetech Ltd (539991.BO)
- As of October 2026, Confidence Futuristic Energetech Ltd 539991.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 Confidence Futuristic Energetech Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Confidence Futuristic Energetech 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 Confidence Futuristic Energetech 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 Confidence Futuristic Energetech 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 Confidence Futuristic Energetech 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 Confidence Futuristic Energetech Ltd (539991.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
