Hisar Metal Industries Ltd HISARMETAL.NS
₹145.30 ₹0.70 (0.48%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
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Is Hisar Metal Industries Ltd Stock Halal?
Shariah Compliance Analysis of HISARMETAL.NS Stock
India Materials Nano Cap No. As of October 2026, Hisar Metal Industries Ltd (HISARMETAL.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Hisar Metal Industries Ltd does not pass Musaffa's business and financial screening criteria.
Hisar Metal Industries Ltd. engages in the manufacture and sale of stainless steel strips, tubes, and pipes. The firm's product categories include cold rolled precision stainless steel strips, stainless steel welded tubes and pipes, and stainless-steel plumbing pipes and fittings. Its cold rolled precision stainless steel strips are offered in various grades, including 200, 300 and 400 series stainless steel. Its cold rolled precision stainless steel strips are offered in various surface finishes, including 2D, 2B, BA, Bright & Hard Finish. Its cold rolled precision stainless steel strips are offered in a thickness range between 0.09 mm to 3.15 mm. The firm's stainless steel welded tubes and pipes are offered in various surface finishes, including annealed and pickled, and BA and polished. The firm serves various industries, including automotive, marine, process, utensils, healthcare, electronics, and oil and gas.
HISARMETAL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Hisar Metal Industries Ltd is classified as not halal.
NOT HALALHisar Metal Industries Ltd (HISARMETAL.NS) Chart
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Financial Metrics & Statements of Hisar Metal Industries Ltd (HISARMETAL.NS)
FAQ's for Hisar Metal Industries Ltd (HISARMETAL.NS)
- As of October 2026, Hisar Metal Industries Ltd HISARMETAL.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 Hisar Metal Industries Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Hisar Metal Industries 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 Hisar Metal Industries 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 Hisar Metal Industries 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 Hisar Metal Industries 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 Hisar Metal Industries Ltd (HISARMETAL.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
