No. As of October 2026, Infibeam Avenues Ltd (INFIBEAM.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Infibeam Avenues Ltd does not pass Musaffa's business and financial screening criteria.
Infibeam Avenues Ltd. is a holding company, which engages in the provision of e-commerce and payment solutions to businesses of all sizes and the government. The company is headquartered in Ahmedabad, Gujarat and currently employs 764 full-time employees. The company went IPO on 2016-04-04. The firm offers digital payment solutions and enterprise software platform to large enterprises and government globally. The company offers digital payment solutions under the brand name CCAvenue and enterprise software solutions under the brand name BuildaBazaar. Its segments include Payment Business, and E-Commerce Platform Business. Its Payment Business segment includes payment gateway business with CCAvenue business brand and payment infrastructure including CPGS towards banks, and credit and lending related business. Its E-Commerce Platform Business segment includes software framework and infrastructure to enable e-commerce for large enterprises and related services including domains and advertising. The firm provides its solutions to merchants, institutions, enterprises, corporations, merchants, and banks. The firm offers its solutions across the India, United Arab Emirates, and Oman.
Infibeam Avenues Ltd INFIBEAM.NS
₹14.15 ₹0.55 (3.74%) 1D
Last Updated: Mar 13, 12:00 AM·NSE
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INFIBEAM.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Infibeam Avenues Ltd is classified as not halal.
NOT HALAL
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FAQ's for Infibeam Avenues Ltd (INFIBEAM.NS)
As of October 2026, Infibeam Avenues Ltd INFIBEAM.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 Infibeam Avenues Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Infibeam Avenues 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 Infibeam Avenues 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 Infibeam Avenues 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 Infibeam Avenues Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.