No. As of October 2026, Asahi Songwon Colors Ltd (ASAHISONG.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Asahi Songwon Colors Ltd does not pass Musaffa's business and financial screening criteria.
Asahi Songwon Colors Ltd. engages in the business of manufacturing and export of colour pigments and its derivatives. The company is headquartered in Ahmedabad, Gujarat and currently employs 122 full-time employees. The company went IPO on 2007-05-30. Its segments include Chemicals and Life Science Chemicals. The Chemicals segment includes dyes and pigments. The Life Science Chemicals segment includes active pharmaceutical ingredient (API) and API intermediates. The company manufactures phthalo pigments, comprising Copper Phthalocyanine crude (CPC) blue crude and a range of beta blue pigments. Its products include CPC Blue Crude, Pigment Alfa Blue 15:0, Pigment Alfa Blue 15:1, Pigment Beta Blue 15:3 and Pigment Blue 15.4. Its phthalocyanine pigments are used in the manufacture of printing inks, paints, plastics, textiles, and paper industries. The Company’s manufacturing facility is located at Padra, Vadodara, Gujarat.
Asahi Songwon Colors Ltd ASAHISONG.NS
₹371.00 ₹8.10 (2.14%) 1D
Last Updated: Oct 15, 12:00 AM·NSE
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ASAHISONG.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Asahi Songwon Colors Ltd is classified as not halal.
NOT HALAL
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FAQ's for Asahi Songwon Colors Ltd (ASAHISONG.NS)
As of October 2026, Asahi Songwon Colors Ltd ASAHISONG.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 Asahi Songwon Colors Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Asahi Songwon Colors 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 Asahi Songwon Colors 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 Asahi Songwon Colors 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 Asahi Songwon Colors 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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