Northern Spirits Ltd 542628.BO
₹115.00 ₹5.75 (4.76%) 1D
Last Updated: Oct 16, 12:00 AM·BSE
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Is Northern Spirits Ltd Stock Halal?
Shariah Compliance Analysis of 542628.BO Stock
India Consumer Discretionary Nano Cap No. As of October 2026, Northern Spirits Ltd (542628.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Northern Spirits Ltd does not pass Musaffa's business and financial screening criteria.
Northern Spirits Ltd. engages in the import and distribution of alcoholic beverages. The company is headquartered in Kolkata, West Bengal and currently employs 82 full-time employees. The company went IPO on 2019-04-04. The firm imports and distributes a wide range of alcoholic beverages and caters to customers in India. The firm is a distribution house with a presence in North and East India. Its agency brands include Pernod Richard, United Spirits, Carlsberg, AB InBev, Bacardi, William Grant & Sons, Campari, Brown Forman, Fratelli, and United Breweries Limited. Its Pernod Richard brands include 100 Pipers Scotch, Absolut Vodka, Ballantine's Whiskey, Chivas Regal, Royal Stag, Blenders Pride, Campo Viejo Wines, and Jacob Creeks. Its Bacardi brands include Bacardi White Gin, Bombay Sapphire Gin, Dewars Scotch Whisky, Grey Goose Vodka, Martini Extra Dry and Martini Fiero. Its William Grant & Sons brands include Balvenie Single Malt, Hendricks Gin, Glenfiddich Single Malt, and Monkey Shoulder Malt. The firm's Campari brands include Aperol Liqueur, Campari Bitter, Wild Turkey Bourbon Whisky, Bull Dog Gin, and Skyy Vodka.
542628.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Northern Spirits Ltd is classified as not halal.
NOT HALALNorthern Spirits Ltd (542628.BO) Chart
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Financial Metrics & Statements of Northern Spirits Ltd (542628.BO)
FAQ's for Northern Spirits Ltd (542628.BO)
- As of October 2026, Northern Spirits Ltd 542628.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 Northern Spirits Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Northern Spirits 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 Northern Spirits 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 Northern Spirits 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 Northern Spirits 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 Northern Spirits Ltd (542628.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
