Is WAA Solar Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, WAA Solar Ltd (541445.BO) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is WAA Solar Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes WAA Solar Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of WAA Solar Ltd?

Muslim investors may consider investing in WAA Solar 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.

Why is WAA Solar Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of WAA Solar Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for WAA Solar Ltd updated?

The Shariah compliance status of WAA Solar Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like WAA Solar Ltd become non-compliant?

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.

Where can I check the Shariah status of WAA Solar Ltd?

You can check the latest Shariah compliance status of WAA Solar Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

WAA Solar Ltd 541445.BO

₹58.16 ₹1.44 (2.42%) 1D

Last Updated: May 15, 12:00 AM·BSE

541445.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 26, 2026

Report Source: 2026 2nd Quarter Report

WAA Solar Ltd. Stock Analysis 541445.BO

India Utilities Nano Cap Report: Q2, 2026

Waa Solar Ltd. engages in solar power generation. The company is headquartered in Vadodara, Gujarat and currently employs 21 full-time employees. The company went IPO on 2018-06-12. The firm sets up solar power projects and invests in special purpose vehicle (SPV) associate and subsidiary companies, which are engaged in solar power generation activities. The firm is also engaged in engineering, procurement and construction (EPC) in solar projects. Its segments include Solar Power Generation, EPC Contract, and Toll Collection. The Company’s projects include 10.25 MW Solar PV Power Project, Surendranagar, Gujarat; 100 KW Solar PV Power Project, Raja Bhoj Airport, Bhopal; 10.42 MW Solar PV Power Project, District: Koppal, Karnataka; 4.00 MW Solar PV Power Project, District: Mansa, Punjab, and 4.00 MW Solar PV Power Project, District: Vadodara, Gujarat. The firm's subsidiaries include Madhav Infracon (Vidisha Kurwai Corridor) Pvt Ltd, Sol Kar Infrastructure Pvt Ltd, Madhav Solar (J) Private Limited, and Aspire Infracon Pvt. Ltd.

Key Statistics of WAA Solar Ltd (541445.BO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹58.12₹59.60

Today's Open

₹59.60

Volume

4000.00

P/E Ratio (TTM)

11.27

52 Week Range

₹40.90₹88.75

Market Cap

690.00M

Avg. Volume

27.89K

Dividend Yield

Financial Metrics & Statements of WAA Solar Ltd (541445.BO)

FAQ's for WAA Solar Ltd (541445.BO)

According to Musaffa’s Shariah screening methodology, WAA Solar Ltd (541445.BO) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.