Coastal Corporation Ltd COASTCORP.NS
₹36.53 ₹0.96 (2.56%) 1D
Last Updated: Oct 15, 12:00 AM·NSE
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Is Coastal Corporation Ltd Stock Halal?
Shariah Compliance Analysis of COASTCORP.NS Stock
India Consumer Staples Nano Cap No. As of October 2026, Coastal Corporation Ltd (COASTCORP.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Coastal Corporation Ltd does not pass Musaffa's business and financial screening criteria.
Coastal Corp. Ltd. engages in processing, production, and distribution of seafood. The company is headquartered in Vishakhapatnam, Andhra Pradesh and currently employs 1,310 full-time employees. The company went IPO on 2013-08-26. The firm is engaged in processing and exporting various ranges of shrimp products across the markets of the United States of America, Europe, Canada, Saudi Arabia, Hong Kong, Korea, China, and Japan. The company offers shrimps in different forms, such as raw, cooked in frozen blocks and cooked in individual quick freezing (IQF) form as per customer's specifications. Its variety of sea shrimps include Sea Tiger, Whites, and Pink Brown Shrimp and aquaculture shrimps, which include Black Tiger and Vannamei. The company also offers cooked head on shrimp, cooked tail on (PDPO), cooked (PD) shrimp, skewers shrimp, headless shell on (HL), butterfly shrimp, marinated shrimp, raw (PND) tail off. The company sells its products under the brand names of Coastal, Coastal Premium, Coastal Gold, Jewel, and President. Its subsidiaries include Continental Fisheries India Limited, Seacrest Seafoods Inc., and Coastal Biotech Private Limited.
COASTCORP.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Coastal Corporation Ltd is classified as not halal.
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Financial Metrics & Statements of Coastal Corporation Ltd (COASTCORP.NS)
FAQ's for Coastal Corporation Ltd (COASTCORP.NS)
- As of October 2026, Coastal Corporation Ltd COASTCORP.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 Coastal Corporation Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Coastal Corporation 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 Coastal Corporation 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 Coastal Corporation 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 Coastal Corporation 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 Coastal Corporation Ltd (COASTCORP.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
