Sprayking Ltd 540079.BO
₹1.18 ₹0.02 (1.67%) 1D
Last Updated: Oct 16, 12:00 AM·BSE
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Is Sprayking Ltd Stock Halal?
Shariah Compliance Analysis of 540079.BO Stock
India Industrials Nano Cap No. As of October 2026, Sprayking Ltd (540079.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sprayking Ltd does not pass Musaffa's business and financial screening criteria.
Sprayking Ltd. engages in the casting of non-ferrous metals. Its products include brass fittings, brass forging equipment, brass transformer parts and other customized brass parts. The company offers turning components, brass compression fittings, brass pipe, and plumbing fittings, extruded brass rods, ball valves and nonreturn valves, agricultural sprayer parts and garden fittings, CNC fittings and forging specialty. Its turning components include Automotive original equipment manufacturer (OEM) turned parts for speedometer, sensor housing, and brake fittings; threaded inserts for molding brass bushes, brass nuts, and other brass fasteners; electrical and electro-mechanical precision parts, and others. Its brass compression fittings include sleeves, solid caps, captive nuts, union reducers and brass inserts. The company serves in the United States, Europe, Australia, Canada, South Africa, and the United Arab Emirates.
540079.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Sprayking Ltd is classified as not halal.
NOT HALALSprayking Ltd (540079.BO) Chart
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Financial Metrics & Statements of Sprayking Ltd (540079.BO)
FAQ's for Sprayking Ltd (540079.BO)
- As of October 2026, Sprayking Ltd 540079.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 Sprayking Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Sprayking 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 Sprayking 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 Sprayking 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 Sprayking 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 Sprayking Ltd (540079.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
