Yes. As of October 2026, Chandrima Mercantiles Ltd (540829.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Chandrima Mercantiles Ltd passes Musaffa's business and financial screening criteria.
Chandrima Mercantiles Ltd. engages in the trading of cloths, textile, gold, silver, jewelry, bullion, ornaments and other related products. The company is headquartered in Ahmedabad, Gujarat. The company went IPO on 2018-02-22. The firm is engaged in the trading of agriculture products. The Company’s services include land transport, packaging and storage, worldwide transport, door to door delivery, ware housing, and air freight. Its portfolio includes local warehousing, cargo trucks, all freight, ocean freight, and others.
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Chandrima Mercantiles Ltd 540829.BO
₹10.44
Last Updated: Oct 09, 12:00 AM·BSE
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540829.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Chandrima Mercantiles Ltd is classified as halal.
HALAL
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FAQ's for Chandrima Mercantiles Ltd (540829.BO)
As of October 2026, Chandrima Mercantiles Ltd 540829.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 Chandrima Mercantiles Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Chandrima Mercantiles 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 Chandrima Mercantiles 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 Chandrima Mercantiles 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 Chandrima Mercantiles Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.