Yes. As of October 2026, IFGL Refractories Ltd (IFGLEXPOR.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. IFGL Refractories Ltd passes Musaffa's business and financial screening criteria.
IFGL Refractories Ltd. engages in the manufacturing, trading, and selling of refractory items used in steel plants. The firm also provides services in relation to refractory goods. The firm offers solutions, including Its manufacturing facilities are located in Kandla Special Economic Zone (SEZ), Gujarat, Kalunga Industrial Estate near Rourkela, Odisha, and Industrial Park APIIC De-Notified Area, Atchutapuram, Visakhapatnam District, Andhra Pradesh. The firm caters to both domestic and international markets. Its geographical segments include India, the United Kingdom, Europe other than the United Kingdom, Asia excluding India, the Americas, and others. The Company’s subsidiary includes IFGL Worldwide Holdings Limited, IFGL Monocon Holdings Limited, Monocon International Refractories Limited, Tianjin Monocon Refractories Company Limited, IFGL GmbH, and others.
IFGL Refractories Ltd IFGLEXPOR.NS
₹183.05 ₹2.40 (1.33%) 1D
Last Updated: Oct 07, 12:00 AM·NSE
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IFGLEXPOR.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, IFGL Refractories Ltd is classified as halal.
HALAL
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FAQ's for IFGL Refractories Ltd (IFGLEXPOR.NS)
As of October 2026, IFGL Refractories Ltd IFGLEXPOR.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 IFGL Refractories Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in IFGL Refractories 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 IFGL Refractories 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 IFGL Refractories 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 IFGL Refractories 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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