Yes. As of October 2026, Honeywell Automation India Ltd (HONAUT.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Honeywell Automation India Ltd passes Musaffa's business and financial screening criteria.
Honeywell Automation India Ltd. engages in the manufacture of electronic systems and components. The company is headquartered in Pune, Maharashtra and currently employs 3,140 full-time employees. The company went IPO on 2000-06-26. The company has a wide product portfolio in environmental and combustion controls, and sensing and control, and also provides engineering services in the field of automation and control to global clients. Its process solutions provide technologies from the plant floor to the boardroom as well as comprehensive lifecycle services. In the domestic market, the Company caters to both public and private sector customers in discrete and processing industries such as oil and gas, refining, pulp and paper, chemicals and petrochemicals, pharma and life sciences, infrastructure, transportation, and others. In Export Market, the Company caters to only Honeywell affiliates across the world rendering engineering services and contract manufacturing of products and projects for similar end markets as it does for its Indian customers.
Honeywell Automation India Ltd HONAUT.NS
₹33,600.00 ₹400.00 (1.18%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
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HONAUT.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Honeywell Automation India Ltd is classified as halal.
HALAL
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FAQ's for Honeywell Automation India Ltd (HONAUT.NS)
As of October 2026, Honeywell Automation India Ltd HONAUT.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 Honeywell Automation India Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Honeywell Automation 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 Honeywell Automation 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 Honeywell Automation 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 Honeywell Automation India 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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