No. As of October 2026, Goodluck India Ltd (GOODLUCK.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Goodluck India Ltd does not pass Musaffa's business and financial screening criteria.
Goodluck India Ltd. engages in the manufacture and sale of steel products. The company is in the business of manufacturing iron and steel products. Its products include Electric Resistance Welded (ERW) precision and CDW Tubes, Forged Flanges, Custom Forgings, Power and Telecom Towers, Solar Structures, ERW Hot Dip Galvanized Pipes, Black Pipes, Black and GI Hollow Sections, Road Safety Product Galvanized Plain and Corrugated Sheets. Its products are being used by end-customers, such as automobile manufacturers, infrastructure, engineering industries, defense, aerospace, oil and gas industries and others. The firm operates through over six manufacturing facilities. The company has a presence in approximately 100 countries across the globe.
Goodluck India Ltd GOODLUCK.NS
₹491.30 ₹8.55 (1.77%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
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GOODLUCK.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Goodluck India Ltd is classified as not halal.
NOT HALAL
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FAQ's for Goodluck India Ltd (GOODLUCK.NS)
As of October 2026, Goodluck India Ltd GOODLUCK.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 Goodluck India Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Goodluck India 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 Goodluck India 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 Goodluck India 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 Goodluck India 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 Goodluck India Ltd (GOODLUCK.NS)
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