Shariah Compliance Analysis of INDIAGLYCO.NS Stock
India Materials Micro Cap
No. As of October 2026, India Glycols Ltd (INDIAGLYCO.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. India Glycols Ltd does not pass Musaffa's business and financial screening criteria.
India Glycols Ltd. operates as a holding company, which engages in the manufacture of industrial chemicals such as green technology based bulk, specialty and performance chemicals and natural gums and industrial gases, ethyl alcohol (Potable) and nutraceuticals. The firm manufactures bio-based specialties and performance chemicals, such as green technology-based bulk, natural gums and industrial gases, potable spirits and Ennature biopharma. The Company’s segments include Bio-Based Specialties and Performance Chemicals, Potable Spirits, and Ennature Biopharma. Bio-Based Specialties and Performance Chemicals include bio-based glycols, glycol ethers, glycol ether esters, bio-based ethylene oxide, and power alcohol (Biofuel). Potable Spirits include Indian Made Foreign Liquor (IMFL), branded Country liquor and extra neutral alcohol (ENA). The company serves various industries, including personal care, pharma and healthcare, textile, automotive, oil and gas, paint and coatings, food ingredients, industrial and manufacturing, and packaging. Its personal care includes biopolymer for cosmetics, extra neutral alcohol, liquid nitrogen, sterigas, and bio carbon dioxide.
India Glycols Ltd INDIAGLYCO.NS
₹331.95 ₹3.45 (1.05%) 1D
Last Updated: Oct 16, 12:00 AM·NSE
Pricing for IN stocks is delayed by 24 hours
INDIAGLYCO.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, India Glycols Ltd is classified as not halal.
NOT HALAL
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FAQ's for India Glycols Ltd (INDIAGLYCO.NS)
As of October 2026, India Glycols Ltd INDIAGLYCO.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 India Glycols Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in India Glycols 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 India Glycols 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 India Glycols 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 India Glycols 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 India Glycols Ltd (INDIAGLYCO.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.