Yes. As of September 2026, Meera Industries Ltd (540519.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Meera Industries Ltd passes Musaffa's business and financial screening criteria.
Meera Industries Ltd. engages in the manufacture of machinery for textile, apparel, and leather production. The company is headquartered in Surat, Gujarat. The company went IPO on 2017-05-15. The firm is engaged in the business of manufacture and sale of customized textile machinery and machinery parts. The firm is involved in the trading and manufacturing of yarn including import and export of the same. The company deals in twisting, cabling, winding, and heat setting machines. The company provides a combination of design, manufacturing, testing facilities, and after-sales support. Its products include Two for One (TFO) Twisters; Servo Controlled Cop Winder; Cone to Cone Winder; Ring Twisting Machine; Covering Machine; Twisting Machines (TPRS Twister); Heavy Duty Twister and Cabler Machine, and Continuous Bulk & Heat Setting Machine. Two for One Twisters include Spun Yarn Twister, Embroidery Thread Twister, Industrial Thread Twister, and Filament Yarn Twister. The TFO twisting machines comprises a gear change system for all types of settings. Industrial Thread Twister is used for polyester, nylon, and viscose yarn.
Meera Industries Ltd 540519.BO
₹30.86 ₹1.53 (4.72%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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540519.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Meera Industries Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Meera Industries Ltd (540519.BO)
FAQ's for Meera Industries Ltd (540519.BO)
As of September 2026, Meera Industries Ltd 540519.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 Meera Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Meera Industries 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 Meera Industries 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 Meera Industries 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 Meera Industries 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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