As of September 2026, Indraprastha Gas Ltd is classified as halal.
HALAL
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Indraprastha Gas Ltd. Stock Analysis IGL.NS
India Utilities Mid Cap
Indraprastha Gas Ltd. engages in the distribution and sale of natural gas. The firm is engaged in the sale of natural gas. The company is focused on industrial and commercial business. The company provides safe and uninterrupted gas supply to transport, domestic, commercial and industrial consumers through its distribution network. The company offers piped natural gas (PNG), which includes methane-CH4, with a small percentage of other hydrocarbons. The company also offers compressed natural gas (CNG), which is a gaseous fuel and is a mixture of hydrocarbons, mainly methane. Its operations cover various regions, including the NCT of Delhi, Noida, Greater Noida, Ghaziabad and Hapur, Gurugram, Meerut, Shamli, Muzaffarnagar, Karnal, Rewari, Kanpur, Hamirpur and Fatehpur districts, Kaithal, Ajmer, Pali, Rajsamand, Banda and others. The company supplies PNG in all hotels, restaurants, malls, commercial complexes, educational/religious institutions and hospitals in various districts in and around Delhi-NCR under the commercial sector.
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Financial Metrics & Statements of Indraprastha Gas Ltd (IGL.NS)
FAQ's for Indraprastha Gas Ltd (IGL.NS)
As of September 2026, Indraprastha Gas Ltd IGL.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 Indraprastha Gas Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Indraprastha Gas 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 Indraprastha Gas 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 Indraprastha Gas 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 Indraprastha Gas 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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