Yes. As of September 2026, Crizac Ltd (CRIZAC.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Crizac Ltd passes Musaffa's business and financial screening criteria.
Crizac Ltd. engages in the provision of educational consultancy services. The company is headquartered in Kolkata, West Bengal and currently employs 368 full-time employees. The company went IPO on 2025-07-09. The company operates a proprietary online system that streamlines the application process, document submission, and tracking for students and institutions. The company facilitates applications and admissions to global universities through a network of over 10,362 registered agents globally. Agents use the platform to upload student information, including demographics, identity proof, academic records, and preferred study destination/course. Its platform tracks and analyses applications based on various parameters like the number of applications per institution, application stage, and historical trends, including offer dates.
Crizac Ltd CRIZAC.NS
₹179.70 ₹2.70 (1.53%) 1D
Last Updated: Sep 10, 12:00 AM·NSE
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CRIZAC.NS Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Crizac Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
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Financial Metrics & Statements of Crizac Ltd (CRIZAC.NS)
FAQ's for Crizac Ltd (CRIZAC.NS)
As of September 2026, Crizac Ltd CRIZAC.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 Crizac Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Crizac 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 Crizac 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 Crizac 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 Crizac Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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