Is Essar Shipping Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Essar Shipping Ltd (ESSARSHPNG.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 Essar Shipping 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 Essar Shipping Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Essar Shipping Ltd?

Muslim investors may consider investing in Essar Shipping 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 Essar Shipping Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Essar Shipping 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 Essar Shipping Ltd updated?

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

Can a halal stock like Essar Shipping 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 Essar Shipping Ltd?

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

ESSARSHPNG.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 31, 2025

Report Source: 2026 2nd Quarter Report

Essar Shipping Ltd. Stock Analysis ESSARSHPNG.NS

India Energy Micro Cap Report: Q2, 2026

Essar Shipping Ltd. operates as a holding company, which engages in the provision of integrated logistics services. The company is headquartered in Mumbai, Maharashtra and currently employs 21 full-time employees. The company went IPO on 2011-11-14. The firm is mainly engaged in fleet operating and chartering activities and operates international and coastal voyages. The firm also invested in diverse business verticals, such as fleet operating and chartering (tankers and dry bulkers), oilfields services (land rigs and semi- submersible rig) and logistics services (trucks, trailers and tippers). The Company’s segments include fleet operating and chartering. The company has a fleet of 14 vessels that include VLCCs, Capesizes, Mini-capes, Panamax, Supramaxes and Handysize bulk carriers. The oilfields services business provides contract drilling services to oil and gas companies across the globe. This business owns one semi-submersible rig and 15 land rigs. The Company’s subsidiaries include OGD Services Holdings Limited, Energy II Limited, and Essar Shipping DMCC.

Key Statistics of Essar Shipping Ltd (ESSARSHPNG.NS)

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

Today's Range

₹23.50₹24.88

Today's Open

₹24.49

Volume

259.12K

P/E Ratio (TTM)

0.76

52 Week Range

₹21.60₹43.26

Market Cap

5.61B

Avg. Volume

473.85K

Dividend Yield

Financial Metrics & Statements of Essar Shipping Ltd (ESSARSHPNG.NS)

FAQ's for Essar Shipping Ltd (ESSARSHPNG.NS)

According to Musaffa’s Shariah screening methodology, Essar Shipping Ltd (ESSARSHPNG.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.