No. As of September 2026, Palash Securities Ltd (540648.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Palash Securities Ltd does not pass Musaffa's business and financial screening criteria.
Palash Securities Ltd. engages in the businesses related to investments, packaged food items, and professional services. The company is headquartered in Kolkata, West Bengal and currently employs 1 full-time employees. The company went IPO on 2017-07-28. The firm is engaged in investing and dealing in securities and immovable properties. The company operates through two segments: Investing Business and Food Processing Business. Its Investing Business segment consists of interest income from inter-corporate deposits and bank deposits, and dividend income from investments in shares and securities. Its Food Processing Business segment consists of the business of canned fruits and vegetables, jam, jellies, and squashes and juices. The company is also engaged in the business of food processing through its subsidiary, Morton Foods Limited, which manufactures and markets canned fruits, vegetables and food products like jams, squashes, crushes, and vegetable sauces under the brand Morton. Its subsidiaries include OSM Investment & Trading Company Limited, Champaran Marketing Company Limited, and Hargaon Investment & Trading Company Limited, which are engaged in investment activities.
Palash Securities Ltd 540648.BO
₹86.00 ₹8.10 (8.61%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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540648.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Palash Securities Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Palash Securities Ltd (540648.BO)
FAQ's for Palash Securities Ltd (540648.BO)
As of September 2026, Palash Securities Ltd 540648.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 Palash Securities Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Palash Securities 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 Palash Securities 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 Palash Securities 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 Palash Securities 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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