Igarashi Motors India Ltd IGARASHI.NS
₹396.10 ₹1.70 (0.43%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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Is Igarashi Motors India Ltd Stock Halal?
Shariah Compliance Analysis of IGARASHI.NS Stock
India Consumer Discretionary Micro Cap Yes. As of October 2026, Igarashi Motors India Ltd (IGARASHI.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Igarashi Motors India Ltd passes Musaffa's business and financial screening criteria.
Igarashi Motors India Ltd. engages in the manufacture of micro motors and its accessories. The firm is primarily engaged in the production and export of Permanent Magnet DC Motors for Actuation in Air Management (ETC, EGR, CCV, VGT, WGA) and Safety applications (Electric Parking Brake, Park Lock Actuators), Body systems (Trunk Opening & Closing devices) and Sub-assemblies for seat applications, fuel pump, window lift and coolant control hub mainly for the automotive sector. Its products include Electric Parking Brake (EPB), Trunk Opening and Closing Device (TOCD), Park Lock Actuators (PLA), Electric Vacuum Pump (EVP), Head Rest Actuators, Electronic System Design & Manufacturing (ESDM), Energy-Efficient BLDC motor for consumer appliance segment and others. Its manufacturing facilities and two logistics warehouses are located at MEPZ-SEZ, Chennai, and the Domestic Tariff Area Unit at Maraimalai Nagar.
IGARASHI.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Igarashi Motors India Ltd is classified as halal.
HALALIgarashi Motors India Ltd (IGARASHI.NS) Chart
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Financial Metrics & Statements of Igarashi Motors India Ltd (IGARASHI.NS)
FAQ's for Igarashi Motors India Ltd (IGARASHI.NS)
- As of October 2026, Igarashi Motors India Ltd IGARASHI.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 Igarashi Motors India Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Igarashi Motors 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 Igarashi Motors 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 Igarashi Motors 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 Igarashi Motors India Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Igarashi Motors India Ltd (IGARASHI.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
