No. As of October 2026, Viram Suvarn Ltd (540252.BO) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Viram Suvarn Ltd does not fully pass Musaffa's business and financial screening criteria.
Viram Suvarn Ltd. engages in the wholesale, trade, and retail of jewelry and ornaments. The company is headquartered in Ahmedabad, Gujarat and currently employs 5 full-time employees. The company went IPO on 2017-01-05. The firm operates as a wholesaler, retailer and trader of branded jewelry and ornaments. The company sells gold chains, bracelets, gold/silver bars and necklaces. The company offers rings, bracelets, necklaces, ear chains, earrings, pendants, chains, mangalsutra, zuda, toe rings, anklets and bangles, among others. The company procures gold and silver primarily through the bullion market and partially from the local markets in Ahmedabad. The firm purchases only readymade chains and other jewelry from the jewelry manufacturers or independent jewelry wholesalers located in Ahmedabad and Mumbai.
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Viram Suvarn Ltd 540252.BO
₹9.27 ₹0.30 (3.34%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
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540252.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Viram Suvarn Ltd is classified as doubtful.
DOUBTFUL
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FAQ's for Viram Suvarn Ltd (540252.BO)
As of October 2026, Viram Suvarn Ltd 540252.BO is classified as doubtful 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 Viram Suvarn Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Viram Suvarn 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 Viram Suvarn 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 Viram Suvarn 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 Viram Suvarn 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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