Piotex Industries Ltd 544178.BO
₹27.50 ₹0.60 (2.23%) 1D
Last Updated: Sep 25, 12:00 AM·BSE
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Is Piotex Industries Ltd Stock Halal?
Shariah Compliance Analysis of 544178.BO Stock
India Consumer Discretionary Nano Cap Yes. As of October 2026, Piotex Industries Ltd (544178.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Piotex Industries Ltd passes Musaffa's business and financial screening criteria.
Piotex Industries Ltd. manufactures and trades yarn, fabric, and cotton bales. The company is headquartered in Pune, Maharashtra and currently employs 28 full-time employees. The company went IPO on 2024-05-17. The company is also engaged in the trading of cotton bales. The Company’s products are used for various purposes, such as garments and home furnishings, and others. The company also manufactures cotton yarn through an out-sourcing model (Job-work). The firm specializes in corporate garments, industrial garments, hotel garments, hospital, and school garments. Its services include ginning, spinning, weaving and knitting.
544178.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Piotex Industries Ltd is classified as halal.
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Financial Metrics & Statements of Piotex Industries Ltd (544178.BO)
FAQ's for Piotex Industries Ltd (544178.BO)
- As of October 2026, Piotex Industries Ltd 544178.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 Piotex Industries Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Piotex 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 Piotex 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 Piotex 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 Piotex Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Piotex Industries Ltd (544178.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
