Is Spencer's Retail Ltd halal to invest in?

As of July 2026, Spencer's Retail Ltd 542337.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.

Is Spencer's Retail 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 Spencer's Retail Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Spencer's Retail Ltd?

Muslim investors may consider investing in Spencer's Retail 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 Spencer's Retail Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Spencer's Retail 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 Spencer's Retail Ltd updated?

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

Can a halal stock like Spencer's Retail 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 Spencer's Retail Ltd?

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

Spencer's Retail Ltd 542337.BO

Last Updated: Jul 21, 12:00 AM·BSE

542337.BO Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Spencer's Retail Ltd is classified as not halal.

NOT HALAL

Report Source: 2026 2nd Quarter Report

Spencer's Retail Ltd. Stock Analysis 542337.BO

India Consumer Discretionary Nano Cap Report: Q2, 2026

Spencer's Retail Ltd. owns and operates retail stores. The company is headquartered in Kolkata, West Bengal and currently employs 3,147 full-time employees. The company went IPO on 2019-01-25. The firm is engaged in developing, conducting and promoting organized retail and operates departmental and neighborhood stores under various formats across the country. The company provides a range of products across categories, such as food, personal care, fashion, home essentials, electrical and electronics to its key consumers. Its personal care range includes items, such as face wipes, tissues, baby needs, and hand wash, while its home care range includes detergents, dishwashing soaps, toilet cleaners and floor cleaners. Its private brands include 2Bme, Smart Choice, Healthy Alternatives, BESSER, doubletick, Kitch, Tasty Wonders, Clean Home, Hands-on and Inscapes. The company offers both contemporary and classic looks through its own brands, which cater to casualwear, loungewear, leisurewear, formal-wear, and accessories, such as leather items, casual jewelry and footwear. The firm operates in over 167 stores.

Key Statistics of Spencer's Retail Ltd (542337.BO)

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

Today's Range

₹34.93₹35.74

Today's Open

₹35.00

Volume

867.00

P/E Ratio (TTM)

Financial Metrics & Statements of Spencer's Retail Ltd (542337.BO)

Super Investors Invested in Spencer's Retail Ltd (542337.BO)

FAQ's for Spencer's Retail Ltd (542337.BO)

As of July 2026, Spencer's Retail Ltd 542337.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 Spencer's Retail Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Spencer's Retail 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 Spencer's Retail 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 Spencer's Retail 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 Spencer's Retail Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.