Yes. As of October 2026, Goldstar Power Ltd (GOLDSTAR.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Goldstar Power Ltd passes Musaffa's business and financial screening criteria.
Goldstar Power Ltd. manufactures and markets batteries. The company is headquartered in Jamnagar, Gujarat and currently employs 97 full-time employees. The company went IPO on 2017-10-10. The firm is in the business of manufacturing, producing, and assembling all types of batteries, including storage batteries, dry batteries, and solar power batteries. The firm is marketing its products under its flagship brand GOLDSTAR. Its product range covers various types of batteries including fully automotive batteries for cars, tractors and heavy-duty trucks, tubular batteries for inverter and solar application, starting, lighting and ignition (SLI) and tubular batteries for e-rickshaw, sealed maintenance free-valve regulated lead acid (SMF-VRLA) batteries for ups application, motorcycle batteries, solar batteries, pure lead, and alloy batteries. The firm caters to all three segments of the market through exports, domestic/after-sales market, and original equipment manufacturer (OEM). Its plant is located at Hapa, Jamnagar, Gujarat.
Goldstar Power Ltd GOLDSTAR.NS
₹11.05 ₹0.90 (8.87%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
Pricing for IN stocks is delayed by 24 hours
GOLDSTAR.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Goldstar Power Ltd is classified as halal.
HALAL
Goldstar Power Ltd (GOLDSTAR.NS) Chart
Fetching Price Chart...
Financial Metrics & Statements of Goldstar Power Ltd (GOLDSTAR.NS)
FAQ's for Goldstar Power Ltd (GOLDSTAR.NS)
As of October 2026, Goldstar Power Ltd GOLDSTAR.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 Goldstar Power Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Goldstar Power 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 Goldstar Power 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 Goldstar Power 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 Goldstar Power 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 Goldstar Power Ltd (GOLDSTAR.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.