Suumaya Corporation Ltd 543274.BO
₹1.01 ₹0.02 (2.02%) 1D
Last Updated: Apr 13, 12:00 AM·BSE
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Is Suumaya Corporation Ltd Stock Halal?
Shariah Compliance Analysis of 543274.BO Stock
India Industrials Nano Cap No. As of October 2026, Suumaya Corporation Ltd (543274.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Suumaya Corporation Ltd does not pass Musaffa's business and financial screening criteria.
Suumaya Corp. Ltd. engages in the trading business of polymers and textile products. The company is headquartered in Kolkata, West Bengal and currently employs 14 full-time employees. The company went IPO on 2021-03-22. The firm functions on two business models for supplying products: business to business model (B2B) and business to customer model (B2C). Its textile products include yarn, threads and fabrics. The firm's polymers products include commodity polymers like polyvinyl chloride (PVC), high-density polyethylene (HDPE), low density polyethylene (LDPE), linear low-density polyethylene (LLDPE), polypropylene (PP) and others. Its agricultural product categories include grain, pulses, oil seeds, spices and others. Its grain products include rice, wheat, maize/corn and barley. The firm offers various pulses, such as urad, tur, chana, mung and masoor. The company offers various oil seeds, such as soyabean, mustard, sesame seeds and copra. The firm offers various spices, including red chili, turmeric, jeera and coriander.
543274.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Suumaya Corporation Ltd is classified as not halal.
NOT HALALSuumaya Corporation Ltd (543274.BO) Chart
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Financial Metrics & Statements of Suumaya Corporation Ltd (543274.BO)
FAQ's for Suumaya Corporation Ltd (543274.BO)
- As of October 2026, Suumaya Corporation Ltd 543274.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 Suumaya Corporation Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Suumaya Corporation 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 Suumaya Corporation 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 Suumaya Corporation 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 Suumaya Corporation 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 Suumaya Corporation Ltd (543274.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
