No. As of September 2026, KPI Green Energy Ltd (542323.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. KPI Green Energy Ltd does not pass Musaffa's business and financial screening criteria.
KPI Green Energy Ltd. engages in the provision of solar power services. The company is headquartered in Surat, Gujarat and currently employs 471 full-time employees. The company went IPO on 2019-01-22. The firm develops, builds, owns, operates and maintains solar and hybrid power plants through as an independent power producer (IPP) and as service provider to captive power producer (CPP) under the brand name of Solarism. The company offers land tracts to third parties, who subsequently lease these back to the Company for 25 years to build solar power facilities. Through bilateral power purchase agreements (PPAs), the Company supplies the electricity produced by its solar power plants to various business houses. Its Solarism plant is located at more than 50 locations at Bharuch district, Gujarat. The company has also established 66 kilovolts (KV) and 11 KV transmission lines for evacuation of the solar power generated from its solar plants. For its CPP clients, it creates, transfers, operates and manages grid-connected solar power projects. The company also provides its clients with operation and maintenance services.
KPI Green Energy Ltd 542323.BO
₹307.35 ₹3.85 (1.27%) 1D
Last Updated: Sep 04, 12:00 AM·BSE
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542323.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, KPI Green Energy Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
KPI Green Energy Ltd (542323.BO) Chart
Financial Metrics & Statements of KPI Green Energy Ltd (542323.BO)
FAQ's for KPI Green Energy Ltd (542323.BO)
As of September 2026, KPI Green Energy Ltd 542323.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 KPI Green Energy Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in KPI Green Energy 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 KPI Green Energy 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 KPI Green Energy 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 KPI Green Energy 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 KPI Green Energy Ltd (542323.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.