Milestone Furniture Ltd 541337.BO
₹25.56
Last Updated: Oct 15, 12:00 AM·BSE
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Is Milestone Furniture Ltd Stock Halal?
Shariah Compliance Analysis of 541337.BO Stock
India Industrials Nano Cap No. As of October 2026, Milestone Furniture Ltd (541337.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Milestone Furniture Ltd does not pass Musaffa's business and financial screening criteria.
Milestone Furniture Ltd. engages in the manufacture of home and office furniture. The company is headquartered in Mumbai, Maharashtra and currently employs 68 full-time employees. The company went IPO on 2018-05-21. The firm manufactures a range of products, such as office furniture, residence furniture, school furniture, retail furniture, and hospital furniture. The office furniture includes panel-based system, tiles-based system, desking, cabin tables, conference room, cafeteria, and executive and staff chairs. The school furniture includes school desk, teacher tables, benches, writing board, and training chair. The residence furniture includes modular bed, modular kitchen, modular wardrobe, modular dressing table, sofa, modular television (TV) unit, and modular side table. The retail furniture includes display unit, display rack, and display counter. The hospital furniture includes walker, intensive care unit (ICU) bed / normal bed, stretcher, wheelchair and all types of hospital equipment. The company offers types of tabletop laminate in particle board, MDF, commercial ply, and marine ply.
541337.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Milestone Furniture Ltd is classified as not halal.
NOT HALALMilestone Furniture Ltd (541337.BO) Chart
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Financial Metrics & Statements of Milestone Furniture Ltd (541337.BO)
FAQ's for Milestone Furniture Ltd (541337.BO)
- As of October 2026, Milestone Furniture Ltd 541337.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 Milestone Furniture Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Milestone Furniture 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 Milestone Furniture 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 Milestone Furniture 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 Milestone Furniture Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Milestone Furniture Ltd (541337.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
