Yes. As of October 2026, Net Avenue Technologies Ltd (CBAZAAR.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Net Avenue Technologies Ltd passes Musaffa's business and financial screening criteria.
Net Avenue Technologies Ltd. engages in online digital direct-to-consumer business for Indian ethnic wear and accessories. The company is headquartered in Chennai, Tamil Nadu and currently employs 58 full-time employees. The company went IPO on 2023-12-08. The firm sells designer clothes and accessories online. The firm also has a presence in international cross-border e-commerce direct-to-consumer for its products. Its product range includes Indian ethnic wear and accessories for women, men, teens and kids. The firm sells Indian Ethnic wear and accessories, primarily catering to the South Asian Diaspora. The firm also distributes its products through various prominent e-commerce platforms, including but not limited to Myntra, Nykaa, and Ajio, among others. The firm's direct-to-consumer approach serves customers from many countries. The firm serves mainly the United States, the United Kingdom, Australia, and Canada. The company has launched cbazaar.com and homeIndia.com in the retail space.
Net Avenue Technologies Ltd CBAZAAR.NS
₹5.05
Last Updated: Oct 06, 12:00 AM·NSE
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CBAZAAR.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Net Avenue Technologies Ltd is classified as halal.
HALAL
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FAQ's for Net Avenue Technologies Ltd (CBAZAAR.NS)
As of October 2026, Net Avenue Technologies Ltd CBAZAAR.NS is classified as 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 Net Avenue Technologies Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Net Avenue Technologies 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 Net Avenue Technologies 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 Net Avenue Technologies 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 Net Avenue Technologies 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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