Shariah Compliance Analysis of GANGAFORGE.NS Stock
India Materials Nano Cap
Yes. As of October 2026, Ganga Forging Ltd (GANGAFORGE.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ganga Forging Ltd passes Musaffa's business and financial screening criteria.
Ganga Forging Ltd. engages in the development and production of forging articles. The company is headquartered in Rajkot, Gujarat and currently employs 51 full-time employees. The company went IPO on 2018-07-11. The firm provides its products for both the automotive and nonautomotive segments. The automotive segment includes manufacturing of products catering to commercial vehicles, passenger cars, three-wheelers, two-wheelers and tractors. The non-automotive segment includes electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, connecting road, heavy engineering industrial, hubs and flanges. Its products include Forged Crankshaft; Crank Shaft Single Cylinder; Crank Shaft Double Cylinder; Connecting Rod-Straight; Connecting Rod-Incline; Half Connecting Rod-Incline; Connecting Rod-Incline; Forged Yoke; Big Yoke; Trunion-Pin; Spider/Cros; Turnion-Shaft, and others. The company serves various industries, including construction, railways, mechanical industries, oil refineries, mining industry and others.
Ganga Forging Ltd GANGAFORGE.NS
₹1.53 ₹0.02 (1.32%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
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GANGAFORGE.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Ganga Forging Ltd is classified as halal.
HALAL
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FAQ's for Ganga Forging Ltd (GANGAFORGE.NS)
As of October 2026, Ganga Forging Ltd GANGAFORGE.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 Ganga Forging Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Ganga Forging 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 Ganga Forging 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 Ganga Forging 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 Ganga Forging Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Ganga Forging Ltd (GANGAFORGE.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.