Is Indian Card Clothing Company Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Indian Card Clothing Company Ltd (INDIANCARD.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Indian Card Clothing Company Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Indian Card Clothing Company Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Indian Card Clothing Company Ltd?

Muslim investors may consider investing in Indian Card Clothing 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.

Why is Indian Card Clothing Company Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Indian Card Clothing Company Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Indian Card Clothing Company Ltd updated?

The Shariah compliance status of Indian Card Clothing Company Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Indian Card Clothing Company Ltd become non-compliant?

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.

Where can I check the Shariah status of Indian Card Clothing Company Ltd?

You can check the latest Shariah compliance status of Indian Card Clothing Company Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

INDIANCARD.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 10, 2026

Report Source: 2026 2nd Quarter Report

Indian Card Clothing Company Ltd. Stock Analysis INDIANCARD.NS

India Consumer Discretionary Nano Cap Report: Q2, 2026

The Indian Card Clothing Co. Ltd. engages in the manufacture and sale of metallic card clothing. The company is headquartered in Pune, Maharashtra and currently employs 219 full-time employees. The firm's carding solutions by application include card clothing, card room machinery and upgradation products. Its carding solutions by material type include cotton and synthetic, woolen and others, and metallic wires for non-wovens. Its carding solutions by product type include cylinder wires, doffer wires, lickerin wires and flat tops. Its card room machinery solutions include Tops Height Measurement, Wire Re-Sharpening, Tops Re-Sharpening, Roller Mounting Machines and Clipit Machines. Its doffer wires include AeroDoffer Wire, Serrated Doffer, Standard Doffer, and PPS. The firm has a range of interlocking wires for plain lickerin rolls, special series for grooved rolls and its extraordinary rapier series for better opening of fibers. Its flat tops include Nextra Tops, Triumph Progressive, Endura, and XL.

Key Statistics of Indian Card Clothing Company Ltd (INDIANCARD.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹205.50₹210.00

Today's Open

₹206.50

Volume

1008.00

P/E Ratio (TTM)

1.39

52 Week Range

₹153.00₹384.00

Market Cap

1.28B

Avg. Volume

2776.05

Dividend Yield

0.00%

Financial Metrics & Statements of Indian Card Clothing Company Ltd (INDIANCARD.NS)

FAQ's for Indian Card Clothing Company Ltd (INDIANCARD.NS)

According to Musaffa’s Shariah screening methodology, Indian Card Clothing Company Ltd (INDIANCARD.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.