Yes. As of October 2026, Finolex Cables Ltd (FINCABLES.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Finolex Cables Ltd passes Musaffa's business and financial screening criteria.
Finolex Cables Ltd. engages in the manufacture and sale of electrical and telecommunication cables. The Company’s segments include Electrical cables, Communication cables, Copper rods, and Others. The Electrical cables segment manufactures light-duty electrical cables and power and control cables. The Communication cables segment includes copper-based cables and optical fiber (glass-based) cables (OFC). The Copper rods segment is engaged in manufacturing continuous cast copper rods (CCC rods), which are used in the production of copper-based electrical and communication cables. Its product portfolio includes wires and cables, fans, water heaters, switches, switchgear, home appliances-room heaters, home appliances-iron, lights, conduits and fittings, and smart homes. Its wires and cables include house wires, agriculture cables, ofc, telephone cables, LAN cables, speaker cables, and power cables.
Finolex Cables Ltd FINCABLES.NS
₹1,388.70 ₹16.10 (1.15%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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FINCABLES.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Finolex Cables Ltd is classified as halal.
HALAL
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FAQ's for Finolex Cables Ltd (FINCABLES.NS)
As of October 2026, Finolex Cables Ltd FINCABLES.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 Finolex Cables Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Finolex Cables 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 Finolex Cables 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 Finolex Cables 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 Finolex Cables 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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