Shine Fashions (India) Ltd 543244.BO
₹21.40 ₹2.30 (12.04%) 1D
Last Updated: Oct 09, 12:00 AM·BSE
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Is Shine Fashions (India) Ltd Stock Halal?
Shariah Compliance Analysis of 543244.BO Stock
India Consumer Discretionary Nano Cap Yes. As of October 2026, Shine Fashions (India) Ltd (543244.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Shine Fashions (India) Ltd passes Musaffa's business and financial screening criteria.
Shine Fashions (India) Ltd. engages in the import, supply, and trading of non-woven interlining fabrics, woven fusible interlinings, and microdot fusible interlinings. The company is headquartered in Mumbai, Maharashtra and currently employs 13 full-time employees. The company went IPO on 2020-11-02. The firm's interlining produced are in different sizes, to cater customers specifications. The firm offers a comprehensive range of interlining solutions, such as waterjet interlinings for women's wear, non-texturized and waistband interlinings for menswear, stable and washable interlinings for durable shirt applications, canvas and fused interlinings for outer wear, water-soluble interlinings for dedicates embroidery and prefabricated products for tapes and chest pieces. Its product includes cotton interlining, water jet woven fusible interlining, hair canvas, waist band interlining, traffeta suit interlining, tricot interlining, double tape and Web interlining, chunni - circular interlining, and non-woven interlining. Its subsidiary is Shinetex Industries Private Limited.
543244.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Shine Fashions (India) Ltd is classified as halal.
HALALShine Fashions (India) Ltd (543244.BO) Chart
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Financial Metrics & Statements of Shine Fashions (India) Ltd (543244.BO)
FAQ's for Shine Fashions (India) Ltd (543244.BO)
- As of October 2026, Shine Fashions (India) Ltd 543244.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 Shine Fashions (India) Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Shine Fashions (India) 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 Shine Fashions (India) 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 Shine Fashions (India) 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 Shine Fashions (India) Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Shine Fashions (India) Ltd (543244.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
