Is Housing Development and Infrastructure Ltd Stock Halal?
Shariah Compliance Analysis of HDIL.NS Stock
India Real Estate Nano Cap
No. As of October 2026, Housing Development and Infrastructure Ltd (HDIL.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Housing Development and Infrastructure Ltd does not pass Musaffa's business and financial screening criteria.
Housing Development & Infrastructure Ltd. engages in the real estate development and construction of residential and commercial properties and infrastructure facilities. The company is headquartered in Mumbai, Maharashtra and currently employs 286 full-time employees. The company went IPO on 2007-07-28. The firm's operations include real estate business, from residential, commercial, and retail projects to slum rehabilitation to land development. Its residential projects range from apartment complexes to towers to townships. The commercial projects comprise premium office spaces as well as multiplex cinemas. In retail, the Company is focused on building shopping malls. The company also handles slum rehabilitation projects under a government scheme administered by the Slum Rehabilitation Authority (SRA), offering development rights in exchange for clearing and redeveloping slum lands, while providing replacement housing for the displaced slum dwellers. Its residential projects include Majestic Tower, Whispering Towers, Residency Park II, Planet HDIL, Premier Exotica, Harmony, Metropolis, Galaxy Apartments, Paradise City, Berkeleys Square, Meadows, and HDIL Hyderabad.
Housing Development and Infrastructure Ltd HDIL.NS
₹1.44 ₹0.04 (2.70%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
Pricing for IN stocks is delayed by 24 hours
HDIL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Housing Development and Infrastructure Ltd is classified as not halal.
NOT HALAL
Housing Development and Infrastructure Ltd (HDIL.NS) Chart
Fetching Price Chart...
Financial Metrics & Statements of Housing Development and Infrastructure Ltd (HDIL.NS)
FAQ's for Housing Development and Infrastructure Ltd (HDIL.NS)
As of October 2026, Housing Development and Infrastructure Ltd HDIL.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 Housing Development and Infrastructure Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Housing Development and Infrastructure 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 Housing Development and Infrastructure 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 Housing Development and Infrastructure 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 Housing Development and Infrastructure 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 Housing Development and Infrastructure Ltd (HDIL.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.