Globale Tessile Ltd GLOBALE.NS
₹10.30 ₹0.42 (3.92%) 1D
Last Updated: Oct 05, 12:00 AM·NSE
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Is Globale Tessile Ltd Stock Halal?
Shariah Compliance Analysis of GLOBALE.NS Stock
India Consumer Discretionary Nano Cap No. As of October 2026, Globale Tessile Ltd (GLOBALE.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Globale Tessile Ltd does not pass Musaffa's business and financial screening criteria.
Globale Tessile Ltd. is engaged in the manufacture, wholesale and retail of fabrics. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2024-08-27. The firm engaged in the business of trading of textiles products. The company is engaged in manufacturing, wholesaling, retailing and exporting of a collection of Beaded George Fabric, Ladies Kaftans, Net Blouse Fabric, and Pearl Embroidered Net Fabric. The company manufactures the offered products in various sizes suiting to the requirements of its clients. The company serves major markets, namely United States of America, United Kingdom, Europe, and Africa. Its product offering includes African Print Fabric, Beaded George Fabric, Embroidery Fabric, African George Fabric, Heavy Beaded George Fabric, Voile Embroidered Fabric, Silk Fabric, Pearl Embroidered Net Fabric, Designer Embroidered Fabric, and Net Blouse Fabric.
GLOBALE.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Globale Tessile Ltd is classified as not halal.
NOT HALALGlobale Tessile Ltd (GLOBALE.NS) Chart
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Financial Metrics & Statements of Globale Tessile Ltd (GLOBALE.NS)
FAQ's for Globale Tessile Ltd (GLOBALE.NS)
- As of October 2026, Globale Tessile Ltd GLOBALE.NS is classified as not 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 Globale Tessile Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Globale Tessile 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 Globale Tessile 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 Globale Tessile 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 Globale Tessile Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Globale Tessile Ltd (GLOBALE.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
