Is Confidence Futuristic Energetech Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Confidence Futuristic Energetech Ltd (539991.BO) is currently classified as NOT HALAL as of January 2026. 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 Confidence Futuristic Energetech 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 Confidence Futuristic Energetech Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Confidence Futuristic Energetech Ltd?

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.

Why is Confidence Futuristic Energetech Ltd classified as NOT HALAL?

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.

How often is the Shariah compliance for Confidence Futuristic Energetech Ltd updated?

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.

Can a halal stock like Confidence Futuristic Energetech 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 Confidence Futuristic Energetech Ltd?

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.

Confidence Futuristic Energetech Ltd 539991.BO

₹37.50 ₹2.09 (5.28%) 1D

Last Updated: May 15, 12:00 AM·BSE

539991.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 14, 2026

Report Source: 2026 2nd Quarter Report

Confidence Futuristic Energetech Ltd. Stock Analysis 539991.BO

India Industrials Nano Cap Report: Q2, 2026

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.

Key Statistics of Confidence Futuristic Energetech Ltd (539991.BO)

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

Today's Range

₹37.50₹39.59

Today's Open

₹39.59

Volume

12.07K

P/E Ratio (TTM)

8.84

52 Week Range

₹26.97₹90.50

Market Cap

1.01B

Avg. Volume

42.83K

Dividend Yield

Financial Metrics & Statements of Confidence Futuristic Energetech Ltd (539991.BO)

FAQ's for Confidence Futuristic Energetech Ltd (539991.BO)

According to Musaffa’s Shariah screening methodology, Confidence Futuristic Energetech Ltd (539991.BO) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.