Is Goenka Diamond And Jewels Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Goenka Diamond And Jewels Ltd (GOENKA.NS) is currently classified as NOT HALAL as of January 2026. 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 Goenka Diamond And Jewels 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 Goenka Diamond And Jewels Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Goenka Diamond And Jewels Ltd?

Muslim investors may consider investing in Goenka Diamond And Jewels 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 Goenka Diamond And Jewels Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Goenka Diamond And Jewels 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 Goenka Diamond And Jewels Ltd updated?

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

Can a halal stock like Goenka Diamond And Jewels 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 Goenka Diamond And Jewels Ltd?

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

GOENKA.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 31, 2026

Report Source: 2026 2nd Quarter Report

Goenka Diamond And Jewels Ltd. Stock Analysis GOENKA.NS

India Consumer Discretionary Nano Cap Report: Q2, 2026

Goenka Diamond & Jewels Ltd. is a holding company, which engages in the manufacture and retail of diamond jewellery. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2010-03-23. The firm operates through two segments: Diamond and Gem and Retail Jewellery. The firm is involved in cutting and polishing of diamonds, color stones, precious and semi-precious stones. The firm supplies polished diamonds primarily to wholesalers, jewelry manufacturers, traders and retailers based in India and other countries such as Hong Kong, Southeast Asia and the United States of America. The firm has a diamond processing unit at special economic zone (SEZ) in Surat for processing of rough diamonds and another facility in Mumbai to cater to the local market and for the jewelry making operations. Its subsidiaries include M.B. Diamonds LLC, Goenka Diamond & Jewels DMCC, and Solitaire Diamond Exports.

Key Statistics of Goenka Diamond And Jewels Ltd (GOENKA.NS)

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

Today's Range

₹0.79₹0.83

Today's Open

₹0.83

Volume

292.79K

P/E Ratio (TTM)

52 Week Range

₹0.76₹1.44

Market Cap

446.97M

Avg. Volume

229.06K

Dividend Yield

Financial Metrics & Statements of Goenka Diamond And Jewels Ltd (GOENKA.NS)

FAQ's for Goenka Diamond And Jewels Ltd (GOENKA.NS)

According to Musaffa’s Shariah screening methodology, Goenka Diamond And Jewels Ltd (GOENKA.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.