Yes. As of September 2026, Hariom Pipe Industries Ltd (543517.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Hariom Pipe Industries Ltd passes Musaffa's business and financial screening criteria.
Hariom Pipe Industries Ltd. engages in the manufacture of a variety of steel products. The company is headquartered in Hyderabad, Telangana and currently employs 751 full-time employees. The company went IPO on 2022-04-13. The firm's products range from mild steel (MS) billets, galvanized pipe (GP), galvanized iron (GI) pipes and tubes, hot rolled (HR) coils, cold rolled (CR) coils, pre-galvanized coils and scaffolding systems, catering to infrastructure and industrial applications across multiple sectors. Its brands include Hariom, Veer, Dura Edge, Zincon, 360 Prime, Build Master and Billets. The company specializes in steel pipes and tubes, ranging from 20X20 millimeters (mm) to 150X150 mm in outer diameter and 1.2 mm to 6 mm in thickness. Its scaffolding system products include telescopic props/adjustable props/jacks, H frame systems and cup locks. The firm has three manufacturing facilities in Telangana, Andhra Pradesh, and Tamil Nadu. The cumulative capacity of the Company is around 701,323 metric tons per annum (MTPA), including 437,000 MTPA for value-added products. The company mainly caters to the South Indian market.
Hariom Pipe Industries Ltd 543517.BO
₹366.25 ₹5.65 (1.52%) 1D
Last Updated: Sep 09, 12:00 AM·BSE
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543517.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Hariom Pipe Industries Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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FAQ's for Hariom Pipe Industries Ltd (543517.BO)
As of September 2026, Hariom Pipe Industries Ltd 543517.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 Hariom Pipe Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Hariom Pipe 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 Hariom Pipe 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 Hariom Pipe 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 Hariom Pipe 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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