Is Nivaka Fashions Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Nivaka Fashions Ltd (542206.BO) is currently classified as NOT HALAL as of February 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 Nivaka Fashions 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 Nivaka Fashions Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Nivaka Fashions Ltd?

Muslim investors may consider investing in Nivaka Fashions 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 Nivaka Fashions Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Nivaka Fashions 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 Nivaka Fashions Ltd updated?

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

Can a halal stock like Nivaka Fashions 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 Nivaka Fashions Ltd?

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

Nivaka Fashions Ltd 542206.BO

₹1.10 ₹0.02 (1.85%) 1D

Last Updated: May 15, 12:00 AM·BSE

542206.BO Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 02, 2026

Report Source: 2026 2nd Quarter Report

Nivaka Fashions Ltd. Stock Analysis 542206.BO

India N/A Nano Cap Report: Q2, 2026

Nivaka Fashions Ltd. engages in trading textiles and luggage products. The company is headquartered in Thane, Maharashtra and currently employs 23 full-time employees. The company went IPO on 2016-04-28. The Company’s flagship brand is Ninecolours. The firm also manufactures certain products under its own brand in the name of Ninecolours West, Nine colours Quirk, and Ninecolours Luxe. Its collections include a range of sarees, lehengas, kurtis, suits, and gowns for women. For men, it offers a range of kurtas, sherwanis, jackets, and kurta pajamas. The firm also provides a range of Home Decor products from luxurious bed sheets to tabletops, wall art to dewan sets, home furnishing and handicraft categories. The company offers an ethnic wear collection for children. The firm also provides a range of jewelries.

Key Statistics of Nivaka Fashions Ltd (542206.BO)

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

Today's Range

₹1.08₹1.11

Today's Open

₹1.08

Volume

35.96K

P/E Ratio (TTM)

52 Week Range

₹1.04₹5.37

Market Cap

136.79M

Avg. Volume

143.34K

Dividend Yield

Financial Metrics & Statements of Nivaka Fashions Ltd (542206.BO)

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FAQ's for Nivaka Fashions Ltd (542206.BO)

According to Musaffa’s Shariah screening methodology, Nivaka Fashions Ltd (542206.BO) is currently classified as NOT HALAL as of February 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.