Yes. As of October 2026, INOX India Ltd (INOXINDIA.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. INOX India Ltd passes Musaffa's business and financial screening criteria.
INOX India Ltd. manufactures tanks and containers for cryogenic storage and transportation purposes. The company is headquartered in Vadodara, Gujarat and currently employs 1,216 full-time employees. The company went IPO on 2023-01-21. The firm's expertise spans across activities ranging from conceptualization to execution, including design, engineering, manufacturing, delivery and integration of turnkey solutions. The firm has an extensive variety of cryogens, including helium, hydrogen, nitrogen, oxygen, argon, CO2, N2O, LNG and ethylene, among others. The company specializes in crafting NSF approved varieties of sustainable industrial packaging, including industrial containers and beverage kegs. Its range of CRYO-BIO products have been serving dairy organizations, animal husbandries, cattle breeding farms, infertility clinics for semen preservation for artificial insemination/livestock breeding. The company serves various industries including aviation and aerospace, and construction and cement.
INOX India Ltd INOXINDIA.NS
₹2,056.90 ₹16.90 (0.83%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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INOXINDIA.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, INOX India Ltd is classified as halal.
HALAL
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FAQ's for INOX India Ltd (INOXINDIA.NS)
As of October 2026, INOX India Ltd INOXINDIA.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 INOX India Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in INOX India 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 INOX India 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 INOX India 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 INOX India 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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