Yes. As of September 2026, Greenpanel Industries Ltd (542857.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Greenpanel Industries Ltd passes Musaffa's business and financial screening criteria.
Greenpanel Industries Ltd. engages in the manufacturing of wood panels. The company is headquartered in Gurgaon, Haryana and currently employs 1,698 full-time employees. The company went IPO on 2019-10-23. The firm is primarily engaged in the manufacturing of plywood, medium density fiberboards (MDF) boards and allied products. The products manufactured are sold under the brand name Greenpanel. The Company’s products include MDF, Greenpanel High Density Water-Resistant (HDWR), Pre-Laminated MDF, Wooden Flooring, and Plywood and Blockboard. Its Plywood and Blockboard consist of a range of Greenpanel Firex Plywood, Club Plywood, Boiling Water Proof (BWP) Plywood, Moisture Resistant (MR) Plywood, Gold BWP Plywood, Gold MR Plywood, Accurate 16mm Plywood, GPRO 710 Plywood, GPRO MR Plywood, BWP Blockboards and MR Blockboard. Its Wooden Flooring includes Acacia, Acer Teak, American Oak, Amazon Walnut New, American Walnut, Antique Cadbury, Antique Oak, Atlantic Oak, Ash Oak, Ash Wood Panel, Bleached Oak and Blooming Cherry. Its Pre-Laminated MDF is suited for kitchen cupboards, kitchen cabinets and bathroom cabinets.
Greenpanel Industries Ltd 542857.BO
₹159.40 ₹2.60 (1.60%) 1D
Last Updated: Sep 10, 12:00 AM·BSE
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542857.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Greenpanel Industries Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Greenpanel Industries Ltd (542857.BO)
FAQ's for Greenpanel Industries Ltd (542857.BO)
As of September 2026, Greenpanel Industries Ltd 542857.BO is classified as 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 Greenpanel Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Greenpanel Industries 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 Greenpanel Industries 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 Greenpanel Industries 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 Greenpanel Industries 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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