Is Canarys Automations Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Canarys Automations Ltd (CANARYS.NS) is currently classified as NOT HALAL as of February 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 Canarys Automations 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 Canarys Automations Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Canarys Automations Ltd?

Muslim investors may consider investing in Canarys Automations 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 Canarys Automations Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Canarys Automations 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 Canarys Automations Ltd updated?

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

Can a halal stock like Canarys Automations 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 Canarys Automations Ltd?

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

Canarys Automations Ltd CANARYS.NS

₹19.20 ₹0.30 (1.54%) 1D

Last Updated: May 15, 12:00 AM·NSE

CANARYS.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 05, 2026

Report Source: 2025 Annual Report

Canarys Automations Ltd. Stock Analysis CANARYS.NS

India Information Technology Nano Cap Report: 2025 Annual

Canarys Automations Ltd. operates as an information technology solutions company. The Company’s segments include Technology solution and Water resource management solution. Its solutions include digitalization, modernization, intelligence, automation, transformation, digital assurance, telemetry, and water resources management. Its digitalization solutions include digital transformation, application digitalization, cloud-driven digital solutions, and digital quality assurance. Its modernization solutions include application modernization and legacy modernization. Its intelligence solutions include traditional artificial intelligence, machine learning solutions, generative artificial intelligence solutions, and big data and analytics. Its automation solutions include robotic process automation and intelligent automation. Its transformation solutions include application portfolio rationalization and strategic transformation consulting.

Key Statistics of Canarys Automations Ltd (CANARYS.NS)

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

Today's Range

₹18.85₹20.00

Today's Open

₹19.50

Volume

68.00K

P/E Ratio (TTM)

52 Week Range

₹14.60₹36.90

Market Cap

1.05B

Avg. Volume

81.09K

Dividend Yield

Financial Metrics & Statements of Canarys Automations Ltd (CANARYS.NS)

FAQ's for Canarys Automations Ltd (CANARYS.NS)

According to Musaffa’s Shariah screening methodology, Canarys Automations Ltd (CANARYS.NS) is currently classified as NOT HALAL as of February 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.