Is Confidence Petroleum India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Confidence Petroleum India Ltd (CONFIPET.NS) is currently classified as NOT HALAL as of December 2025. 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 Confidence Petroleum India 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 Confidence Petroleum India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Confidence Petroleum India Ltd?

Muslim investors may consider investing in Confidence Petroleum India 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 Confidence Petroleum India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Confidence Petroleum India 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 Confidence Petroleum India Ltd updated?

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

Can a halal stock like Confidence Petroleum India 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 Confidence Petroleum India Ltd?

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

CONFIPET.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 24, 2025

Report Source: 2026 2nd Quarter Report

Confidence Petroleum India Ltd. Stock Analysis CONFIPET.NS

India Industrials Micro Cap Report: Q2, 2026

Confidence Petroleum India Ltd. engages in the manufacture and marketing of liquefied petroleum gas (LPG) cylinders. The firm operates through two segments: Cylinder and LPG. The Cylinder segment includes production and marketing operations of LPG/compressed natural gas (CNG) cylinders. The LPG segment includes LPG marketing and bottling business and others. The company provides a range of industrial gas cylinders for nitrogen, oxygen, helium, argon, and more. Its LPG retail segment / packed LPG segment offers under the brand GoGas. The company offers a range of cylinder sizes from 2 kilograms (kg) to 425 kg. Its subsidiaries include Hemkunt Petroleum Ltd, Taraa Lpg Bottling Pvt Ltd, Agwan Coach Pvt Ltd, Confidence Go Gas Ltd, Keppy Infrastructure Developers Pvt Ltd, Unity Cylinders& Equipment Pvt Ltd, Confidence Technologies Pvt Ltd, Sv Engineering Equipments Pvt Ltd, among others.

Key Statistics of Confidence Petroleum India Ltd (CONFIPET.NS)

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

Today's Range

₹58.83₹62.99

Today's Open

₹62.90

Volume

3.03M

P/E Ratio (TTM)

23.77

52 Week Range

₹28.06₹67.08

Market Cap

18.45B

Avg. Volume

3.27M

Dividend Yield

0.17%

Financial Metrics & Statements of Confidence Petroleum India Ltd (CONFIPET.NS)

FAQ's for Confidence Petroleum India Ltd (CONFIPET.NS)

According to Musaffa’s Shariah screening methodology, Confidence Petroleum India Ltd (CONFIPET.NS) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.