Is Akme Fintrade India Ltd halal to invest in?

As of October 2026, Akme Fintrade India Ltd AFIL.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.

Is Akme Fintrade India Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Akme Fintrade India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Akme Fintrade India Ltd?

Muslim investors may consider investing in Akme Fintrade India 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.

Why is Akme Fintrade India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Akme Fintrade India Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Akme Fintrade India Ltd updated?

The Shariah compliance status of Akme Fintrade India Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Akme Fintrade India Ltd become non-compliant?

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.

Where can I check the Shariah status of Akme Fintrade India Ltd?

You can check the latest Shariah compliance status of Akme Fintrade India Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is Akme Fintrade India Ltd Stock Halal?

Shariah Compliance Analysis of AFIL.NS Stock

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No. As of October 2026, Akme Fintrade India Ltd (AFIL.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Akme Fintrade India Ltd does not pass Musaffa's business and financial screening criteria.

Akme Fintrade (India) Ltd. operates as a non-banking finance company, which engages in rural and semi-urban centric lending solutions. The company is headquartered in Ahmedabad, Gujarat and currently employs 248 full-time employees. The company went IPO on 2024-06-26. The firm is primarily engaged in rural and semi-urban centric lending solutions. The company operates two principal lines of business: vehicle financing and business finance. Its vehicle finance business primarily involves providing financing for purchases of two-wheelers and three-wheelers passenger vehicles used or new commercial vehicles. Its customers include transport operators, self-employed and salaried individuals. Its lending business to small business owners, including small and medium enterprises (SME) and micro, small & medium enterprises (MSME) lending business, primarily involves the Company providing secured loans for business purposes to SME, including businessmen, traders, manufacturers and self-employed professionals. The company has around four branches in Rajasthan and five branches located in the state of Maharashtra, Gujarat and Madhya Pradesh. The company also has digital presence at 23 locations across India.

Akme Fintrade India Ltd AFIL.NS

₹7.57 ₹0.05 (0.66%) 1D

Last Updated: Oct 08, 12:00 AM·NSE

Pricing for IN stocks is delayed by 24 hours

AFIL.NS Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, Akme Fintrade India Ltd is classified as not halal.

NOT HALAL

Akme Fintrade India Ltd (AFIL.NS) Chart

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Financial Metrics & Statements of Akme Fintrade India Ltd (AFIL.NS)

FAQ's for Akme Fintrade India Ltd (AFIL.NS)

As of October 2026, Akme Fintrade India Ltd AFIL.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 Akme Fintrade India Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Akme Fintrade India 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 Akme Fintrade India 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 Akme Fintrade India 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 Akme Fintrade India Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.