Yes. As of October 2026, Parmeshwar Metal Ltd (544330.BO) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Parmeshwar Metal Ltd passes Musaffa's business and financial screening criteria.
Parmeshwar Metal Ltd. engages in the manufacturing, importing, exporting & retailing of metals, metallic substances, and alloys used for power cables, building wires, transformers, and household cables. The company is headquartered in Gandhinagar, Gujarat and currently employs 31 full-time employees. The company went IPO on 2025-01-09. The firm manufactures copper wire and copper wire rods that are used for a wide array of applications. These applications include power cables, building wires, transformers, the automotive industry, household cables as well as bare and enameled wires. Its product portfolio offers 1.6 MM copper wire and 8 MM & 12.5 MM copper wire rods. The Company’s operations include copper wire rod, copper scrap, copper wire, other by product and scraps, and sales of service.
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Parmeshwar Metal Ltd 544330.BO
₹297.85 ₹7.85 (2.71%) 1D
Last Updated: Oct 06, 12:00 AM·BSE
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544330.BO Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Parmeshwar Metal Ltd is classified as halal.
HALAL
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FAQ's for Parmeshwar Metal Ltd (544330.BO)
As of October 2026, Parmeshwar Metal Ltd 544330.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 Parmeshwar Metal Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Parmeshwar Metal 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 Parmeshwar Metal 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 Parmeshwar Metal 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 Parmeshwar Metal Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.