No. As of October 2026, DRA Consultants Ltd (540144.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. DRA Consultants Ltd does not pass Musaffa's business and financial screening criteria.
DRA Consultants Ltd. engages in the provision of consulting services in energy saving, infrastructure development, and water supply projects. The company is headquartered in Nagpur, Maharashtra and currently employs 136 full-time employees. The company went IPO on 2016-10-13. The company provides a range of advisory services in the urban and industrial sectors. The company is involved in preparation of master plans, feasibility report, investment planning, procurements, bid preparation, bid process management, execution planning, quality assurance plan, cost control, project schedules, commissioning, trial runs, performance monitoring, among others. The company provides technical, commercial, legal & financial advisory services in the sector, including setting up sustainable water & wastewater tariffs & bylaws for Urban Local Bodies/Board. The company specializes in water supply, wastewater treatment, sewerage systems, waterfront development and water monitoring, among others. The company provides engineering services with specialization in the field of industrial utilities design, piping, field investigations, Geographic Information System (GIS), and surveys, among others.
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DRA Consultants Ltd 540144.BO
₹20.50
Last Updated: Oct 08, 12:00 AM·BSE
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540144.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, DRA Consultants Ltd is classified as not halal.
NOT HALAL
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FAQ's for DRA Consultants Ltd (540144.BO)
As of October 2026, DRA Consultants Ltd 540144.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 DRA Consultants Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in DRA Consultants 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 DRA Consultants 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 DRA Consultants 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 DRA Consultants 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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