Yes. As of October 2026, Art Nirman Ltd (ARTNIRMAN.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Art Nirman Ltd passes Musaffa's business and financial screening criteria.
Art Nirman Ltd. engages in the development and sale of real estate properties. The company is headquartered in Ahmedabad, Gujarat and currently employs 13 full-time employees. The company went IPO on 2016-10-19. The company is involved in constructing residential and commercial complexes, with operations across the real estate business, from residential, commercial, and plotting projects to land development. The company operates in a single segment of construction of various Residential and Commercial schemes. The company constructs and develops houses, bungalows, row houses, farmhouses, resorts, schools, factories, mines, and amusement parks. Its projects include Shree Vishnudhara Home, Shree Vishnudhara Crossroad, and Shree Vishnudhara Gardens. The company is also engaged in the preparation and dealing in materials necessary for building, carrying on business as building contractors, acquiring land and plots for colonization or otherwise, selling plots, constructing special economic zones and industrial parks, and managing all types of construction, developmental, and infrastructure work in all its branches.
Art Nirman Ltd ARTNIRMAN.NS
₹40.13 ₹4.12 (11.44%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
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ARTNIRMAN.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Art Nirman Ltd is classified as halal.
HALAL
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FAQ's for Art Nirman Ltd (ARTNIRMAN.NS)
As of October 2026, Art Nirman Ltd ARTNIRMAN.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 Art Nirman Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Art Nirman 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 Art Nirman 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 Art Nirman 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 Art Nirman 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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