No. As of September 2026, Navoday Enterprises Ltd (543305.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Navoday Enterprises Ltd does not pass Musaffa's business and financial screening criteria.
Navoday Enterprises Ltd. engages in the provision of business support services. The company is headquartered in Mumbai, Maharashtra and currently employs 9 full-time employees. The company went IPO on 2021-06-25. The firm is also engaged in events management which includes planning, organizing, and managing events. The company manages commercial events, corporate events, cultural events, and also small brand promotion events for their clients. The firm is also engaged in branding and designing through print and online and digital media. The company also designs various publicity materials for their clients, such as Pham plates, brochures, flyers, for their own consumption. The company provides outdoor, print, ground events/activations and digital marketing. The firm's primary offering is in outdoor, or out-of-home media company also known as OOH advertising. The offering of outdoor media includes advertising on hoardings, billboards on roads, highways, streets, lamp post boards, mobile sign trucks, kiosks, and traffic booths. Its outdoor media operations are spread across Mumbai and Thane.
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Navoday Enterprises Ltd 543305.BO
₹5.69
Last Updated: Apr 09, 12:00 AM·BSE
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543305.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Navoday Enterprises Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Navoday Enterprises Ltd (543305.BO)
FAQ's for Navoday Enterprises Ltd (543305.BO)
As of September 2026, Navoday Enterprises Ltd 543305.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 Navoday Enterprises Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Navoday Enterprises 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 Navoday Enterprises 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 Navoday Enterprises 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 Navoday Enterprises 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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