Is ICDS Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, ICDS Ltd (ICDSLTD.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is ICDS Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes ICDS Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of ICDS Ltd?

Muslim investors may consider investing in ICDS 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.

Why is ICDS Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of ICDS Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for ICDS Ltd updated?

The Shariah compliance status of ICDS Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like ICDS Ltd become non-compliant?

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.

Where can I check the Shariah status of ICDS Ltd?

You can check the latest Shariah compliance status of ICDS Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

ICDSLTD.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 28, 2026

Report Source: 2026 2nd Quarter Report

ICDS Ltd. Stock Analysis ICDSLTD.NS

India N/A Nano Cap Report: Q2, 2026

ICDS Ltd. engages in the provision of hire purchase, lease financing, bill discounting and providing loans to industrial units. The company is headquartered in Manipal, Karnataka. The firm is engaged in trading activities of shares and securities, rental revenue from investment properties, marketing of the insurance products of life and general insurance companies. The firm operates through four segments: financial services (recovery of loans and advances), trading activities of shares & securities, rent on premises and others. The other segment includes marketing of the insurance products of life and general insurance companies. The firm has set up over seven branches/offices over the length and breadth of the country with a network of agents for pursuing its business activities such as deposit acceptance, hire-purchase, lease financing and other business.

Key Statistics of ICDS Ltd (ICDSLTD.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹45.05₹46.00

Today's Open

₹45.15

Volume

136.00

P/E Ratio (TTM)

45.46

52 Week Range

₹36.40₹68.49

Market Cap

625.28M

Avg. Volume

484.41

Dividend Yield

Financial Metrics & Statements of ICDS Ltd (ICDSLTD.NS)

FAQ's for ICDS Ltd (ICDSLTD.NS)

According to Musaffa’s Shariah screening methodology, ICDS Ltd (ICDSLTD.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.