No. As of October 2026, Harish Textile Engineers Ltd (542682.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Harish Textile Engineers Ltd does not pass Musaffa's business and financial screening criteria.
Harish Textile Engineers Ltd. engages in the manufacturing of textile processing, finishing machineries, non-textile projects, and regenerated polyester staple fibre. The Company’s segments are Textile Engineering, Non-Woven, and PSF. The company is specialized in manufacturing and exporting recycled polyester staple, siliconized and non-siliconized fiber. Its Pacific-Harish fibers are available in a range of denier and cut lengths. These fibers are available in shades of white, black, grey and several customized shades ranging from 4.5 to 30 deniers. The company is engaged in the production of non-woven fabrics used mainly for auto interiors and filtration and hygiene segments. The company is also engaged in the production of polyester staple fiber by recycling pet bottles and waste polyester at its plant in Gondhe, Nashik.
Harish Textile Engineers Ltd 542682.BO
₹61.55 ₹6.44 (9.47%) 1D
Last Updated: Oct 15, 12:00 AM·BSE
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542682.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Harish Textile Engineers Ltd is classified as not halal.
NOT HALAL
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FAQ's for Harish Textile Engineers Ltd (542682.BO)
As of October 2026, Harish Textile Engineers Ltd 542682.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 Harish Textile Engineers Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Harish Textile Engineers 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 Harish Textile Engineers 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 Harish Textile Engineers 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 Harish Textile Engineers Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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