No. As of October 2026, ACME Solar Holdings Ltd (ACMESOLAR.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. ACME Solar Holdings Ltd does not pass Musaffa's business and financial screening criteria.
ACME Solar Holdings Ltd. engages in the development, building, owning, operation, and maintaining utility scale renewable energy projects. The company is headquartered in Gurgaon, Haryana and currently employs 557 full-time employees. The company went IPO on 2024-11-13. The firm develops, builds, owns, operates and maintains utility-scale renewable energy projects and sells renewable power to various off-takers, including central and state government-backed entities. The firm also acts as owners, manufacturers, engineers, procurers, buyers, sellers, distributors, dealers and contractors for setting up power plants using glass-based mirrors, photovoltaic, boilers, turbines and/or other equipment for generating, distributing and supplying sources of electricity and other products using solar, fossil and alternate source of energy. Its portfolio includes ACME Solar Technologies (Gujarat) Private Limited, ACME Odisha Solar Power Private Limited, Acme Raipur Solar Power Private Limited, Aarohi Solar Power Private Limited, ACME Eco Clean Energy Private Limited, and others.
ACME Solar Holdings Ltd ACMESOLAR.NS
₹448.20 ₹18.30 (4.26%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
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ACMESOLAR.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, ACME Solar Holdings Ltd is classified as not halal.
NOT HALAL
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FAQ's for ACME Solar Holdings Ltd (ACMESOLAR.NS)
As of October 2026, ACME Solar Holdings Ltd ACMESOLAR.NS is classified as not 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 ACME Solar Holdings Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in ACME Solar Holdings 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 ACME Solar Holdings 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 ACME Solar Holdings 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 ACME Solar Holdings 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 ACME Solar Holdings Ltd (ACMESOLAR.NS)
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