As of September 2026, Novateor Research Laboratories Ltd is classified as not halal.
NOT HALAL
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Novateor Research Laboratories Ltd. Stock Analysis 542771.BO
India Consumer Staples Nano Cap
Novateor Research Laboratories Ltd. engages in the development of novel personal care products. The company is headquartered in Ahmedabad, Gujarat and currently employs 27 full-time employees. The company went IPO on 2019-09-13. The Company’s teeth whitening products are sold under the brand name SmiloShine. The firm manufactures three different variants of teeth whitening strips, teeth whitening toothpaste and brush, kid’s toothpaste and tongue cleaner, power brush, and teeth whitening gel. Its products include Advance Teeth Whitening Serum, SmiloShine Kids Mouthwash, SmiloShine Sonic Power Toothbrush, SmiloShine Charcoal Bamboo Toothbrush, and Heartipop Tongue Cleaner for Kids, among others. Its manufacturing facility is located in Sanan Taluka, Ahmedabad District, which is equipped with the building structure, and machinery and technology. The firm intends to expand its business in cosmetics and various health care pharma products.
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FAQ's for Novateor Research Laboratories Ltd (542771.BO)
As of September 2026, Novateor Research Laboratories Ltd 542771.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 Novateor Research Laboratories Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Novateor Research Laboratories 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 Novateor Research Laboratories 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 Novateor Research Laboratories 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 Novateor Research Laboratories 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 Novateor Research Laboratories Ltd (542771.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.