No. As of October 2026, Fone4 Communications(India) Ltd (543521.BO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Fone4 Communications(India) Ltd does not pass Musaffa's business and financial screening criteria.
Fone4 Communications (India) Ltd. operates an online e-commerce platform for electronics, electrical gadgets, and accessories. The company is headquartered in Kochi, Kerala and currently employs 4 full-time employees. The company went IPO on 2022-05-06. The firm is engaged in the retail business of mobile phones, electronic gadgets, mobile phone accessories, computer/laptop and computer/laptop parts and other electronic consumer durables. The company offers a range of products online as well as offline, which includes accessories for smartphones, laptops, smart televisions, speakers, home theaters, tablets, mobiles, air conditioners, and accessories. The company sells electronic gadgets by various brands, such as Apple, Huawei, Samsung, Oppo, Vivo, Micromax. The firm deals in International and Indian brands of mobile handsets, accessories and electronics items. The firm sells the products at its Website www.fone4.in. Its mobile accessories include air buds, cable, car charger, earbuds, headphones & headsets, memory card, mobile holder, power bank, pen drive, and others. The company has approximately 30 retail stores with the brand name FONE4 in Kerala.
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Fone4 Communications(India) Ltd 543521.BO
₹4.09
Last Updated: Oct 05, 12:00 AM·BSE
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543521.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Fone4 Communications(India) Ltd is classified as not halal.
NOT HALAL
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FAQ's for Fone4 Communications(India) Ltd (543521.BO)
As of October 2026, Fone4 Communications(India) Ltd 543521.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 Fone4 Communications(India) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Fone4 Communications(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 Fone4 Communications(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 Fone4 Communications(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 Fone4 Communications(India) 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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