No. As of October 2026, Sharika Enterprises Ltd (540786.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sharika Enterprises Ltd does not pass Musaffa's business and financial screening criteria.
Sharika Enterprises Ltd. is a holding company. The company is headquartered in Noida, Uttar Pradesh and currently employs 55 full-time employees. The company went IPO on 2017-11-27. The company is engaged in engineering, procurement, and construction (EPC)contracts, specialized assembling, trading activities, erection services, representation services to the power generation, transmission and distribution sector. The firm offers services such as Marketing Consultants for foreign principals in power projects; Technical competence in cable solution, transmission and distribution systems; Project Management Consultancy and Project Execution Services; and Introduced Smart Grid Technologies in the power sector. Its services include Site Survey, Design and Engineering, Operation, Maintenance, and CAMC, and Performance Analysis. Its solutions include consultancy-value-added services, energy management and automation, manufacturing of cast resin type transformers, generation-hydel, and photovoltaic - solar systems. Its subsidiaries include Sharika Lightec Private Limited, Sharika Smartec Private Limited, and others.
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Sharika Enterprises Ltd 540786.BO
₹19.06 ₹1.56 (7.57%) 1D
Last Updated: Oct 13, 12:00 AM·BSE
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540786.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Sharika Enterprises Ltd is classified as not halal.
NOT HALAL
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FAQ's for Sharika Enterprises Ltd (540786.BO)
As of October 2026, Sharika Enterprises Ltd 540786.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 Sharika Enterprises Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Sharika Enterprises 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 Sharika Enterprises 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 Sharika Enterprises 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 Sharika Enterprises 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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