No. As of October 2026, Parvati Sweetners and Power Ltd (541347.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Parvati Sweetners and Power Ltd does not pass Musaffa's business and financial screening criteria.
Parvati Sweetners & Power Ltd. engages in the manufacture and supply of sugar and its by-products. The company is headquartered in Bhopal, Madhya Pradesh and currently employs 80 full-time employees. The company went IPO on 2018-05-24. The firm offers a wide range of crystal sugar in various grades, such as large, medium, and small. Its products cater to diverse industries, offering refined and pharmaceutical-grade sugar for various applications. The firm also provides bioethanol. Its sugar mills have a crushing capacity of approximately 2500 metric tons of cane per day. The firm has a sugar and its by-products manufacturing plant at Village Sankhini, Tehsil Bitarwar, Gwalior district.
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Parvati Sweetners and Power Ltd 541347.BO
₹7.31 ₹0.03 (0.41%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
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541347.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Parvati Sweetners and Power Ltd is classified as not halal.
NOT HALAL
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FAQ's for Parvati Sweetners and Power Ltd (541347.BO)
As of October 2026, Parvati Sweetners and Power Ltd 541347.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 Parvati Sweetners and Power Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Parvati Sweetners and Power 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 Parvati Sweetners and Power 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 Parvati Sweetners and Power 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 Parvati Sweetners and Power 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 Parvati Sweetners and Power Ltd (541347.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.