Yes. As of October 2026, Godawari Power and Ispat Ltd (GPIL.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Godawari Power and Ispat Ltd passes Musaffa's business and financial screening criteria.
Godawari Power & Ispat Ltd. engages in the business of manufacturing iron and steel products. The Company’s primary business segment is Iron & Steel Products. The firm is engaged in the business of mining of captive iron ore and manufacturing the iron ore pellets, sponge iron, steel billets, wire rods, HB Wires, ferro alloys & galvanized steel structures with generation of both conventional and non-conventional power for captive consumption. Its manufacturing facility is located at the heart of industrial Chhattisgarh at Raipur. Its associate pellet plant in Orissa is also located at a rich belt of Iron Ore in Keonjhor district. Its subsidiaries include Hira Ferro Alloys Limited, which is engaged in the manufacture of ferro alloys with captive power generation and operates IPP power plant (Biomass & Windmill), and Alok Ferro Alloys Limited, which is engaged in the manufacture of ferro alloys with captive power generation. Its business also includes recycling of non-ferrous metals.
Godawari Power and Ispat Ltd GPIL.NS
₹206.47 ₹0.53 (0.26%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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GPIL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Godawari Power and Ispat Ltd is classified as halal.
HALAL
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FAQ's for Godawari Power and Ispat Ltd (GPIL.NS)
As of October 2026, Godawari Power and Ispat Ltd GPIL.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 Godawari Power and Ispat Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Godawari Power and Ispat 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 Godawari Power and Ispat 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 Godawari Power and Ispat 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 Godawari Power and Ispat Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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