Yes. As of September 2026, Nakoda Group of Industries Ltd (541418.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Nakoda Group of Industries Ltd passes Musaffa's business and financial screening criteria.
Nakoda Group of Industries Ltd. engages in the provision of manufacture and sale of sauces, jams, jellies, and marmalades. The company is headquartered in Nagpur, Maharashtra. The company went IPO on 2018-06-06. The company also manufactures the tutti fruity (diced chelory), also called papaya preserve, karonda cherries (Indian cherries), sweet lime peels, orange cut peels, all varieties of jams, fruit pulp, sauces, canned vegetables, and frozen fruits & vegetables. The firm also engaged in preparation, processing, trading of all types of dry fruits, roasted and salted nuts, popcorns, sesame seeds hulled auto dry, spices, fox nuts (makhanas), cotton and cotton bales, chia seeds, sabja seeds, amla candy (sweet & chatpata), gulkand, amla powder, amla murabba, invested sugar syrup, and others. The company offers its products to ice-cream factories, bakeries, sweets & namkeens factories, airline companies, railway catering, the Indian military, cotton and cloth mills, food factories, and others.
Nakoda Group of Industries Ltd 541418.BO
₹38.05 ₹1.00 (2.56%) 1D
Last Updated: Sep 07, 12:00 AM·BSE
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541418.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Nakoda Group of Industries Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Nakoda Group of Industries Ltd (541418.BO)
FAQ's for Nakoda Group of Industries Ltd (541418.BO)
As of September 2026, Nakoda Group of Industries Ltd 541418.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 Nakoda Group of Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Nakoda Group of Industries 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 Nakoda Group of Industries 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 Nakoda Group of Industries 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 Nakoda Group of Industries 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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