No. As of October 2026, Alps Industries Ltd (ALPSINDUS.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Alps Industries Ltd does not pass Musaffa's business and financial screening criteria.
Alps Industries Ltd. engages in the manufacture of home furnishing textile products. The company is headquartered in Ghaziabad, Uttar Pradesh and currently employs 2 full-time employees. The firm manufactures and sells home furnishings, fashion accessories, and yarns in India. The Company’s home furnishings and fashion accessories include made-ups, such as duvet sets, bed covers and sheets, quilts, pillows, cushion covers, curtains, and table linens, cashmere, sheer and aromatic shawls, scarves, mufflers, stoles, wraps, and other fashion accessories, and fabrics for upholstery. The firm also offers various types of yarns, including cotton yarn, synthetic, and blended yarns. The Company’s products include all possibilities in a home, right from bedding, window dressings, decorative pillows and accents, table linen, and kitchen linen. Its products retail in various stores and feature on the pages of various shopping catalogs across the globe. The Company’s subsidiaries include Alps USA Inc. and Alps Energy Private Limited.
Alps Industries Ltd ALPSINDUS.NS
₹3.43
Last Updated: Jan 01, 12:00 AM·NSE
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ALPSINDUS.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Alps Industries Ltd is classified as not halal.
NOT HALAL
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FAQ's for Alps Industries Ltd (ALPSINDUS.NS)
As of October 2026, Alps Industries Ltd ALPSINDUS.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 Alps Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Alps Industries 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 Alps Industries 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 Alps Industries 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 Alps Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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