Craftsman Automation Ltd CRAFTSMAN.NS
₹10,183.00 ₹132.00 (1.31%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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Is Craftsman Automation Ltd Stock Halal?
Shariah Compliance Analysis of CRAFTSMAN.NS Stock
India Industrials Mid Cap Yes. As of October 2026, Craftsman Automation Ltd (CRAFTSMAN.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Craftsman Automation Ltd passes Musaffa's business and financial screening criteria.
Craftsman Automation Ltd. engages in the manufacture of precision components and engineering products. Its Powertrain segment develops, manufactures and sells goods and services of power trains and related products to the manufacturers of commercial/ passenger vehicles, farm equipment, mining and construction equipment. Its Aluminium Products segment develops, manufactures, and sells goods and services consisting of aluminum products to the manufacturers of two-wheelers, passenger vehicles and commercial vehicles and products for power transmission and other industrial usage. Its Industrial & Engineering segment develops, manufactures, and sells goods and services, such as castings, gears, material handling equipment, special purpose machines, other general engineering products and storage products to various end user industries. The firm primarily offers pallet racking, shelving solutions and modular mezzanine under conventional storage.
CRAFTSMAN.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Craftsman Automation Ltd is classified as halal.
HALALCraftsman Automation Ltd (CRAFTSMAN.NS) Chart
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Financial Metrics & Statements of Craftsman Automation Ltd (CRAFTSMAN.NS)
FAQ's for Craftsman Automation Ltd (CRAFTSMAN.NS)
- As of October 2026, Craftsman Automation Ltd CRAFTSMAN.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 Craftsman Automation Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Craftsman Automation 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 Craftsman Automation 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 Craftsman Automation 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 Craftsman Automation Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Craftsman Automation Ltd (CRAFTSMAN.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
