CMI Ltd CMICABLES.NS
₹2.53 ₹0.01 (0.40%) 1D
Last Updated: Aug 31, 12:00 AM·NSE
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Is CMI Ltd Stock Halal?
Shariah Compliance Analysis of CMICABLES.NS Stock
India Industrials Nano Cap No. As of September 2026, CMI Ltd (CMICABLES.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CMI Ltd does not pass Musaffa's business and financial screening criteria.
CMI Ltd. engages in developing, designing, manufacturing and marketing of wires and cables. The company is headquartered in Delhi, Delhi. Its product portfolio includes Quad Cables, Railway Signaling Cables, Fire Survival Cables, Fire Retardant Low Smoke Zero Halogen (LSZH) Cables, Highly Flexible Multi-core Copper Shielded Abrasion Resistant Thermoplastic Polyurethanes (TPU) Sheathed Cables, Polythene Insulated Jelly Filled (PIJF) Telecom Cables, Fire Alarm and Communication Cables, Flexible and Building Wires, Low voltage Cables and Instrumentation and Control cables, Aerial Bunch Cables, High Voltage Cables, Extra High Voltage Cables, Overhead Conductors, Industrial wiring cables, Aerial Bunch Cables, and others. The firm is in the corporate insolvency resolution process (CIRP).
CMICABLES.NS Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, CMI Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
CMI Ltd (CMICABLES.NS) Chart
Financial Metrics & Statements of CMI Ltd (CMICABLES.NS)
FAQ's for CMI Ltd (CMICABLES.NS)
- As of September 2026, CMI Ltd CMICABLES.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 CMI Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in CMI 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 CMI 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 CMI 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 CMI 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 CMI Ltd (CMICABLES.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
