Yes. As of October 2026, Excellent Wires and Packaging Ltd (EXCELLENT.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Excellent Wires and Packaging Ltd passes Musaffa's business and financial screening criteria.
Excellent Wires & Packaging Ltd. engages in the production of wire products and packaging solutions. The company is headquartered in Palghar, Maharashtra and currently employs 23 full-time employees. The company went IPO on 2024-09-19. The firm's product portfolio includes brass wires & products, steel wires & products, and other products, such as packaging products. The company offers wires, such as Spring Steel Wire, High Carbon Wire, Galvanized Wire or GI Wire, Round Stitching Wire, Flat Stitching Wire, Mild steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding wires, Bailing Wires and all types & sizes of wire ropes made of high-carbon or SS wire with or without PVC coating for multiple applications under the brand name of Excellent. Its other packaging products like PP strapping rolls and BOPP self-adhesive tapes are purchased from the market and sold to its customers under the brand name of Excellent. The company supplies its products to various industries, such as Packaging, Engineering, Stationery, Imitation Jewelry, Wires and Cable, and others.
Excellent Wires and Packaging Ltd EXCELLENT.NS
₹182.70 ₹2.30 (1.24%) 1D
Last Updated: Oct 08, 12:00 AM·NSE
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EXCELLENT.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Excellent Wires and Packaging Ltd is classified as halal.
HALAL
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FAQ's for Excellent Wires and Packaging Ltd (EXCELLENT.NS)
As of October 2026, Excellent Wires and Packaging Ltd EXCELLENT.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 Excellent Wires and Packaging Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Excellent Wires and Packaging 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 Excellent Wires and Packaging 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 Excellent Wires and Packaging 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 Excellent Wires and Packaging 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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