Is Associated Alcohols & Breweries Ltd Stock Halal?
Shariah Compliance Analysis of ASALCBR.NS Stock
India Consumer Staples Micro Cap
No. As of October 2026, Associated Alcohols & Breweries Ltd (ASALCBR.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Associated Alcohols & Breweries Ltd does not pass Musaffa's business and financial screening criteria.
Associated Alcohols & Breweries Ltd. engages in the manufacture and trading of Extra Neutral Alcohol (ENA), Indian Made Indian Liquor (IMIL), and Indian Made Foreign Liquor (IMFL). The firm is primarily engaged in the business of manufacturing and selling extra neutral alcohol (ENA), Indian Made Indian Liquor (IMIL) (Country Liquor), Indian Made Foreign Liquor (IMFL) and Ethanol. Its segments include Potable Alcohols Division and Ethanol Division. The Potable Alcohols segment is involved in the production and sale of IMFL, IMIL, and ENA. Further, this segment also provides manufacturing services related to these products. This segment caters to various consumer preferences and ensures a comprehensive presence in the alcoholic beverage market. The Ethanol segment is involved in the production and distribution of grain-based ethanol, primarily supplying it to oil marketing companies in India for blending with petrol. Its brands include Titanium Vodka, Lemount Brandy, Central Province Rum, Central Province Vodka, Bombay Special Whisky, and others.
Associated Alcohols & Breweries Ltd ASALCBR.NS
₹598.70 ₹7.70 (1.30%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
Pricing for IN stocks is delayed by 24 hours
ASALCBR.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Associated Alcohols & Breweries Ltd is classified as not halal.
FAQ's for Associated Alcohols & Breweries Ltd (ASALCBR.NS)
As of October 2026, Associated Alcohols & Breweries Ltd ASALCBR.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 Associated Alcohols & Breweries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Associated Alcohols & Breweries 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 Associated Alcohols & Breweries 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 Associated Alcohols & Breweries 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 Associated Alcohols & Breweries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Associated Alcohols & Breweries Ltd (ASALCBR.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.