Is Cartrade Tech Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Cartrade Tech Ltd (CARTRADE.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 Cartrade Tech 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 Cartrade Tech Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Cartrade Tech Ltd?

Muslim investors may consider investing in Cartrade Tech 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 Cartrade Tech Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Cartrade Tech 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 Cartrade Tech Ltd updated?

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

Can a halal stock like Cartrade Tech 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 Cartrade Tech Ltd?

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

CARTRADE.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 17, 2026

Report Source: 2026 3rd Quarter Report

Cartrade Tech Ltd. Stock Analysis CARTRADE.NS

India Consumer Discretionary Small Cap Report: Q3, 2026

CarTrade Tech Ltd. operates an online marketplace for new and used vehicles. The company is headquartered in Mumbai, Maharashtra and currently employs 1,158 full-time employees. The company went IPO on 2021-08-20. The firm offers a variety of solutions across the automotive transaction value chain, such as the buying, selling, marketing, valuation, and financing of new and used cars, two-wheelers, commercial vehicles, and farm and construction equipment. The firm operates through several platforms, such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, and Adroit Auto. Its platforms enable new and used automobile customers, vehicle dealerships, vehicle original equipment manufacturers (OEMs), and other businesses to buy and sell their vehicles. Its CarWale services include new car OEM solutions, new car dealer solutions, used car dealer solutions, and technology solutions for OEMs and dealers. The Company’s subsidiaries include CarTradeExchange Solutions Private Limited, CarTrade Finance Private Limited, and CarTrade Foundation.

Key Statistics of Cartrade Tech Ltd (CARTRADE.NS)

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

Today's Range

₹1,806.10₹1,867.40

Today's Open

₹1,836.40

Volume

281.21K

P/E Ratio (TTM)

65.36

52 Week Range

₹1,485.00₹3,290.50

Market Cap

79.24B

Avg. Volume

814.48K

Dividend Yield

Financial Metrics & Statements of Cartrade Tech Ltd (CARTRADE.NS)

FAQ's for Cartrade Tech Ltd (CARTRADE.NS)

According to Musaffa’s Shariah screening methodology, Cartrade Tech Ltd (CARTRADE.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.