Yes. As of October 2026, Varyaa Creations Ltd (544168.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Varyaa Creations Ltd passes Musaffa's business and financial screening criteria.
Varyaa Creations Ltd. engages in wholesale trading of gemstones, precious metals and manufacturing of jewelry. The company is headquartered in Mumbai, Maharashtra and currently employs 6 full-time employees. The company went IPO on 2024-04-30. The firm is specialized in manufacturing and trading of Jadau, diamonds and gemstones. The company offers a wide range of gold and silver coins, bars, and bullions. The firm also sells its products through its own brand BaubleBerry.
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Varyaa Creations Ltd 544168.BO
₹26.40 ₹2.10 (8.64%) 1D
Last Updated: Oct 08, 12:00 AM·BSE
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544168.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Varyaa Creations Ltd is classified as halal.
HALAL
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FAQ's for Varyaa Creations Ltd (544168.BO)
As of October 2026, Varyaa Creations Ltd 544168.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 Varyaa Creations Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Varyaa Creations 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 Varyaa Creations 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 Varyaa Creations 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 Varyaa Creations 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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