Is IL&FS Engineering and Construction Company Ltd Stock Halal?
Shariah Compliance Analysis of IL&FSENGG.NS Stock
India Industrials Nano Cap
No. As of September 2026, IL&FS Engineering and Construction Company Ltd (IL&FSENGG.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. IL&FS Engineering and Construction Company Ltd does not pass Musaffa's business and financial screening criteria.
IL&FS Engineering & Construction Co. Ltd. engages in the business of erection and construction of roads, irrigation projects, buildings, oil and gas infrastructure, railway infrastructure, power plants, power transmission, and distribution lines including rural electrification and development of ports. The company is headquartered in Hyderabad, Telangana and currently employs 248 full-time employees. The company went IPO on 2007-10-25. The firm is primarily engaged in the business of erection/construction of roads, irrigation projects, buildings, oil & gas infrastructure, railway infrastructure, power plants, power transmission & distribution lines, including rural electrification and development of ports. Its services include engineering, project management and consulting, construction and public-private partnership. Its buildings and structures services include residential buildings, commercial buildings, industrial structures and hospital buildings. The company is engaged in the development of ports involving construction of berths, jetties, breakwaters, marine structures and cargo handling facilities. The company is engaged in power transmission and distribution projects. The company is executing various EPC and item rate projects for both government and private clients.
IL&FS Engineering and Construction Company Ltd IL&FSENGG.NS
₹36.75 ₹1.75 (5.00%) 1D
Last Updated: Sep 04, 12:00 AM·NSE
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IL&FSENGG.NS Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, IL&FS Engineering and Construction Company Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
IL&FS Engineering and Construction Company Ltd (IL&FSENGG.NS) Chart
Financial Metrics & Statements of IL&FS Engineering and Construction Company Ltd (IL&FSENGG.NS)
FAQ's for IL&FS Engineering and Construction Company Ltd (IL&FSENGG.NS)
As of September 2026, IL&FS Engineering and Construction Company Ltd IL&FSENGG.NS is classified as not 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 IL&FS Engineering and Construction Company Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in IL&FS Engineering and Construction Company 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 IL&FS Engineering and Construction Company 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 IL&FS Engineering and Construction Company 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 IL&FS Engineering and Construction Company Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for IL&FS Engineering and Construction Company Ltd (IL&FSENGG.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.