Yes. As of September 2026, GNA Axles Ltd (540124.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. GNA Axles Ltd passes Musaffa's business and financial screening criteria.
GNA Axles Ltd. engages in the manufacture of automobile components for the four-wheeler industry. The company is headquartered in Hoshiarpur, Punjab and currently employs 1,537 full-time employees. The company went IPO on 2016-09-26. The firm manufactures auto components for the four-wheeler industry, primary product being rear axles, shafts, spindles and other automobiles components for sale in domestic and foreign market. The firm's product categories include commercial vehicles, passenger vehicles, off-highway and non-flanged shafts. The firm has manufacturing location in the state of Punjab at Mehtiana & VPO Gulabgarh Jattan (Phagwara-Hoshiarpur Road). The firm's subsidiary is GNA Axles Inc.
GNA Axles Ltd 540124.BO
₹552.50 ₹12.65 (2.34%) 1D
Last Updated: Sep 08, 12:00 AM·BSE
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540124.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, GNA Axles Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of GNA Axles Ltd (540124.BO)
FAQ's for GNA Axles Ltd (540124.BO)
As of September 2026, GNA Axles Ltd 540124.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 GNA Axles Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in GNA Axles 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 GNA Axles 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 GNA Axles 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 GNA Axles 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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