Shoora Designs Ltd 543970.BO
₹71.10 ₹0.13 (0.18%) 1D
Last Updated: Oct 07, 12:00 AM·BSE
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Is Shoora Designs Ltd Stock Halal?
Shariah Compliance Analysis of 543970.BO Stock
India Consumer Discretionary Nano Cap No. As of October 2026, Shoora Designs Ltd (543970.BO) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Shoora Designs Ltd does not fully pass Musaffa's business and financial screening criteria.
Shoora Designs Ltd. manufactures diamond jewelry and sells in an online shop. The company is headquartered in Surat, Gujarat and currently employs 11 full-time employees. The company went IPO on 2023-08-29. The operations of the Company include sourcing of rough, polished, and uncut diamonds from primary and secondary source suppliers in the domestic market and the sale of diamonds to retail and wholesale operations in Gujarat and Mumbai. The Company, through its online platform, provides customers with an option to browse a variety of diamonds through its catalogue. Its product portfolio includes gold jewelry, silver jewelry, fancy cut loose diamond pair, natural solitaire diamonds, natural loose diamonds, natural black diamonds, pie cut diamonds, natural diamond jewelry and lab grown diamond jewelry. Its jewelry category includes earrings, pendants, necklaces, bracelets, watches, and others. The company primarily sells diamonds to a customer base spread across domestic markets that includes various jewelry manufacturers, large department store chains, retail stores and wholesalers.
543970.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Shoora Designs Ltd is classified as doubtful.
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Financial Metrics & Statements of Shoora Designs Ltd (543970.BO)
FAQ's for Shoora Designs Ltd (543970.BO)
- As of October 2026, Shoora Designs Ltd 543970.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 Shoora Designs Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Shoora Designs 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 Shoora Designs 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 Shoora Designs 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 Shoora Designs 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 Shoora Designs Ltd (543970.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
