Is Salem Erode Investments Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Salem Erode Investments Ltd (540181.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 Salem Erode Investments 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 Salem Erode Investments Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Salem Erode Investments Ltd?

Muslim investors may consider investing in Salem Erode Investments 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 Salem Erode Investments Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Salem Erode Investments 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 Salem Erode Investments Ltd updated?

The Shariah compliance status of Salem Erode Investments Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Salem Erode Investments 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 Salem Erode Investments Ltd?

You can check the latest Shariah compliance status of Salem Erode Investments Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Salem Erode Investments Ltd 540181.BO

₹38.81 ₹1.21 (3.22%) 1D

Last Updated: May 15, 12:00 AM·BSE

540181.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 29, 2026

Report Source: 2026 2nd Quarter Report

Salem Erode Investments Ltd. Stock Analysis 540181.BO

India N/A Nano Cap Report: Q2, 2026

Salem Erode Investments Ltd. is a non-banking financial company, which provides investment and lending services. The Company’s activities primarily comprise carrying on and undertaking the business of finance, whether by making loans or advances or otherwise, gold loan, hire purchase, leasing and to finance lease operations of all kinds, purchasing, selling, hiring or letting to hire all kinds of plant and machinery and equipment that the Company may think fit. The firm also lends money with or without security. The firm operates approximately 38 branches across India. The company has branches all over the regions of Kerala, Tamil Nadu, Telangana, Andhra Pradesh, Odisha, Maharashtra, Gujarat and Karnataka, among others.

Key Statistics of Salem Erode Investments Ltd (540181.BO)

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

Today's Range

₹36.52₹39.00

Today's Open

₹37.60

Volume

15.42K

P/E Ratio (TTM)

52 Week Range

₹29.00₹66.45

Market Cap

431.19M

Avg. Volume

2355.56

Dividend Yield

Financial Metrics & Statements of Salem Erode Investments Ltd (540181.BO)

FAQ's for Salem Erode Investments Ltd (540181.BO)

According to Musaffa’s Shariah screening methodology, Salem Erode Investments Ltd (540181.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.