No. As of September 2026, Dev Labtech Venture Ltd (543848.BO) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Dev Labtech Venture Ltd does not fully pass Musaffa's business and financial screening criteria.
Dev Labtech Venture Ltd. operates as a diamond industry, which manufactures, markets and lab grown diamonds at affordable prices. The company is headquartered in Bhavnagar, Gujarat. The company went IPO on 2023-03-29. The firm's products include CVD diamonds, lab grown diamond jewelry and CVD diamond for industrial tools. The firm's CVD diamonds include loose polished diamond and single crystal CVD plates. The company specializes in providing CVD lab grown diamonds for industrial tools. Its synthetic diamonds have various uses in industries such as cutting and drilling tools, grinding and polishing, dressing tools, and mining tools. The company sells diamonds of multiple shape, cut, size, color and clarity. The firm trades a range of diamonds, such as round, oval, cushion, marquise, pear, half moon, princess, square cushion, asscher, radiant, emerald, triangle, straight trillion, curved trillion, calf and heart. The company operates at Bhavnagar, Surat and Mumbai.
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Dev Labtech Venture Ltd 543848.BO
₹19.05 ₹0.25 (1.33%) 1D
Last Updated: Sep 11, 12:00 AM·BSE
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543848.BO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Dev Labtech Venture Ltd is classified as doubtful.
DOUBTFUL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Dev Labtech Venture Ltd (543848.BO)
FAQ's for Dev Labtech Venture Ltd (543848.BO)
As of September 2026, Dev Labtech Venture Ltd 543848.BO is classified as doubtful 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 Dev Labtech Venture Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Dev Labtech Venture 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 Dev Labtech Venture 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 Dev Labtech Venture 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 Dev Labtech Venture 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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