Is Forbes Precision Tools and Machine Parts Ltd Stock Halal?
Shariah Compliance Analysis of 544186.BO Stock
India Industrials Nano Cap
Yes. As of October 2026, Forbes Precision Tools and Machine Parts Ltd (544186.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Forbes Precision Tools and Machine Parts Ltd passes Musaffa's business and financial screening criteria.
Forbes Precision Tools & Machine Parts Ltd. engages in the business of manufacturing and distribution of engineering and electrical products. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2024-06-11. The firm is engaged in manufacturing both carbide and high-speed steel round cutting tools under the brand TOTEM. Totem offers complete tooling solutions in Internal & external threading, drilling, milling, deburring and reaming, and others. Its Internal Threading products include HSS-E/PM machine taps, carbide taps, NIB tap, HSS hand tap, and carbon steel taps. Its Milling Tools products include end mill, and thread mill. Its Drilling products include solid carbide drills, high speed steel drills, and annular cutters. Its External Threading products include hexagonal dies.
F
Forbes Precision Tools and Machine Parts Ltd 544186.BO
₹146.10 ₹6.30 (4.13%) 1D
Last Updated: Oct 15, 12:00 AM·BSE
Pricing for IN stocks is delayed by 24 hours
544186.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Forbes Precision Tools and Machine Parts Ltd is classified as halal.
HALAL
Forbes Precision Tools and Machine Parts Ltd (544186.BO) Chart
Fetching Price Chart...
Financial Metrics & Statements of Forbes Precision Tools and Machine Parts Ltd (544186.BO)
FAQ's for Forbes Precision Tools and Machine Parts Ltd (544186.BO)
As of October 2026, Forbes Precision Tools and Machine Parts Ltd 544186.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 Forbes Precision Tools and Machine Parts Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Forbes Precision Tools and Machine Parts 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 Forbes Precision Tools and Machine Parts 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 Forbes Precision Tools and Machine Parts 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 Forbes Precision Tools and Machine Parts 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 Forbes Precision Tools and Machine Parts Ltd (544186.BO)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.