Alpex Solar Ltd ALPEXSOLAR.NS
₹790.20 ₹25.30 (3.10%) 1D
Last Updated: Oct 12, 12:00 AM·NSE
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Is Alpex Solar Ltd Stock Halal?
Shariah Compliance Analysis of ALPEXSOLAR.NS Stock
India Information Technology Micro Cap Yes. As of October 2026, Alpex Solar Ltd (ALPEXSOLAR.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Alpex Solar Ltd passes Musaffa's business and financial screening criteria.
Alpex Solar Ltd. engages in the manufacturing of solar photovoltaic modules. The company is headquartered in Noida, Uttar Pradesh and currently employs 232 full-time employees. The company went IPO on 2024-02-15. The firm is a solar photovoltaic (PV) module manufacturer in North India. The Company’s segments include trading of circular knitting needle and other items except solar related items and manufacturing, trading, and application of solar panel. The Company’s PV modules are manufactured using both monocrystalline and polycrystalline cell technologies. Its portfolio of solar energy products consists of bifacial, mono perc, Half-cut solarPV modules. The company also provides integrated solar energy solutions, including engineering, procurement, construction (EPC) of AC/DC Solar Pumps in both Surface and Submersible categories. The firm manufactures and delivers solar panels in the business to business (B2B) space and also serve as a contract manufacturer for several large companies, including Luminous, Jakson, and Tata Power. The company operates from one manufacturing facility in Greater Noida.
ALPEXSOLAR.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Alpex Solar Ltd is classified as halal.
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Financial Metrics & Statements of Alpex Solar Ltd (ALPEXSOLAR.NS)
FAQ's for Alpex Solar Ltd (ALPEXSOLAR.NS)
- As of October 2026, Alpex Solar Ltd ALPEXSOLAR.NS 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 Alpex Solar Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Alpex Solar 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 Alpex Solar 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 Alpex Solar 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 Alpex Solar 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 Alpex Solar Ltd (ALPEXSOLAR.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
