Is ASL Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, ASL Industries Ltd (ASLIND.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is ASL Industries Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes ASL Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of ASL Industries Ltd?

Muslim investors may consider investing in ASL 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.

Why is ASL Industries Ltd classified as HALAL?

Musaffa determines the Shariah status of ASL Industries Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for ASL Industries Ltd updated?

The Shariah compliance status of ASL Industries Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like ASL Industries Ltd become non-compliant?

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.

Where can I check the Shariah status of ASL Industries Ltd?

You can check the latest Shariah compliance status of ASL Industries Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ASL Industries Ltd ASLIND.NS

₹138.95

Last Updated: May 14, 12:00 AM·NSE

ASLIND.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 28, 2026

Report Source: 2026 2nd Quarter Report

ASL Industries Ltd. Stock Analysis ASLIND.NS

India N/A Nano Cap Report: Q2, 2026

ASL Industries Ltd. engages in the manufacture of forged products and press shop for sheet metals. The company is headquartered in Jamshedpur, Jharkhand. The company went IPO on 2017-04-18. The firm's products have varied applications and are used in various industries, such as railways, defense and automobiles. Its primary segment is Manufacturing of Components. The firm provides a one-stop solution from metal forming to assembly under one roof, along with logistics and just-in-time solutions. The company has a machine shop for the rough and finish machining of components, heat treatment facilities, in-house die making facilities, CNC and VMC horizontal and vertical centers, light, medium and heavy fabrication, assembly and sheet metal press shop. Its products include panel face side bottom, top rail rear, assembly (assy.) partition wall, assy. bumper cross member, axel beam, clamping ring, impact table and skirt board, assembled pipe and yoke, operator cabin, hopper, kit bell crank lever link rod, among others.

Key Statistics of ASL Industries Ltd (ASLIND.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹138.95₹138.95

Today's Open

₹138.95

Volume

2000.00

P/E Ratio (TTM)

1,218.48

52 Week Range

₹33.90₹138.95

Market Cap

724.09M

Avg. Volume

5466.67

Dividend Yield

Financial Metrics & Statements of ASL Industries Ltd (ASLIND.NS)

FAQ's for ASL Industries Ltd (ASLIND.NS)

According to Musaffa’s Shariah screening methodology, ASL Industries Ltd (ASLIND.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.