Is CreditAccess Grameen Ltd halal to invest in?

As of October 2026, CreditAccess Grameen Ltd CREDITACC.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.

Is CreditAccess Grameen 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 CreditAccess Grameen Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of CreditAccess Grameen Ltd?

Muslim investors may consider investing in CreditAccess Grameen 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 CreditAccess Grameen Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of CreditAccess Grameen 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 CreditAccess Grameen Ltd updated?

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

Can a halal stock like CreditAccess Grameen 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 CreditAccess Grameen Ltd?

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

Is CreditAccess Grameen Ltd Stock Halal?

Shariah Compliance Analysis of CREDITACC.NS Stock

India Financials Mid Cap

No. As of October 2026, CreditAccess Grameen Ltd (CREDITACC.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. CreditAccess Grameen Ltd does not pass Musaffa's business and financial screening criteria.

CreditAccess Grameen Ltd. engages in the provision of micro finance services. The company has a presence in approximately 16 states and one union territory of India, through 2,114 branches across 433 districts. Its products include Microfinance-Group Lending, which offers Emergency Loan, Family Welfare Loans, Home Improvement Loan, and Income Generation Loan; Retail Finance, which offers Grameen Vikas Loan, Grameen Two-Wheeler Loan, Grameen Housing Loan, and Unnati Loan; Digital lending, which includes Grameen MAHI, Pragathi Digital Loan, and Multi-Purpose Digital Loan, and Distributor products, which include Life Insurance, national pension scheme (NPS)- Swavalamban, and Grameen Suraksha. Its Grameen MAHI is a customer application. Its Pragathi Digital Loan is offered to women to support their business, working capital requirements, home improvement, education and family needs.

CreditAccess Grameen Ltd CREDITACC.NS

₹1,262.40 ₹1.40 (0.11%) 1D

Last Updated: Oct 15, 12:00 AM·NSE

Pricing for IN stocks is delayed by 24 hours

CREDITACC.NS Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, CreditAccess Grameen Ltd is classified as not halal.

NOT HALAL

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Financial Metrics & Statements of CreditAccess Grameen Ltd (CREDITACC.NS)

FAQ's for CreditAccess Grameen Ltd (CREDITACC.NS)

As of October 2026, CreditAccess Grameen Ltd CREDITACC.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 CreditAccess Grameen Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in CreditAccess Grameen 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 CreditAccess Grameen 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 CreditAccess Grameen 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 CreditAccess Grameen Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.