Is Innovative Ideals and Services (India) Ltd Stock Halal?
Shariah Compliance Analysis of 541983.BO Stock
India Information Technology Nano Cap
No. As of September 2026, Innovative Ideals and Services (India) Ltd (541983.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Innovative Ideals and Services (India) Ltd does not pass Musaffa's business and financial screening criteria.
Innovative Ideals & Services (India) Ltd. engages in the provision of security solutions, safety and building automation, and installation of electronic systems. The company is headquartered in Mumbai, Maharashtra and currently employs 18 full-time employees. The company went IPO on 2018-10-05. The firm offers a range of services, which includes video door phone, audio door phone, access controls, home automation systems, intrusion alarm system, closed circuit television (CCTV) systems, fire alarm systems and telecom products. The firm sells Video Door Phone under the brand name of Onyx and Inok and Home Automation Systems under the brand name of ehomes. The company operates through the business-to-business (B2B) and business-to-customer (B2C) segments and also provides service in domestic, as well as international market. The firm has also developed a product, Savior and ArmHer, for the safety of citizens and also launched basic feature mobile phones under the brand name of Inoyo.
Innovative Ideals and Services (India) Ltd 541983.BO
₹17.68
Last Updated: Sep 11, 12:00 AM·BSE
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541983.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Innovative Ideals and Services (India) Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Innovative Ideals and Services (India) Ltd (541983.BO) Chart
Financial Metrics & Statements of Innovative Ideals and Services (India) Ltd (541983.BO)
FAQ's for Innovative Ideals and Services (India) Ltd (541983.BO)
As of September 2026, Innovative Ideals and Services (India) Ltd 541983.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 Innovative Ideals and Services (India) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Innovative Ideals and Services (India) 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 Innovative Ideals and Services (India) 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 Innovative Ideals and Services (India) 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 Innovative Ideals and Services (India) 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 Innovative Ideals and Services (India) Ltd (541983.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.