Is Ircon International Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Ircon International Ltd (IRCON.NS) is currently classified as NOT HALAL as of February 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 Ircon International 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 Ircon International Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Ircon International Ltd?

Muslim investors may consider investing in Ircon International 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 Ircon International Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Ircon International 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 Ircon International Ltd updated?

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

Can a halal stock like Ircon International 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 Ircon International Ltd?

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

IRCON.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 16, 2026

Report Source: 2026 3rd Quarter Report

Ircon International Ltd. Stock Analysis IRCON.NS

India Industrials Small Cap Report: Q3, 2026

IRCON International Ltd. engages in the provision of engineering and construction services. The firm operates in infrastructure sectors, including railways, highways, bridges, flyovers, tunnels, metro systems, railway electrification, extra-high voltage substations, electrical and mechanical works, commercial and residential buildings, and railway production units, among others. Its service portfolio includes Engineering, Procurement and Construction (EPC), Public-Private Partnership (PPP), Project Management & Consultancy (PMC), and Real Estate (RE). The firm also executes coal connectivity projects in joint ventures with other Central Public Sector Enterprises (CPSEs) under the Ministry of Coal. Its geographical segments include International and Domestic. Its subsidiaries include Ircon Infrastructure & Services Limited, Ircon Shivpuri Guna Tollway Limited, Ircon PB Tollway Limited, Ircon Davanagere Haveri Highway Limited, Ircon Vadodara Kim Expressway Limited, and others.

Key Statistics of Ircon International Ltd (IRCON.NS)

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

Today's Range

₹142.20₹146.61

Today's Open

₹145.64

Volume

1.66M

P/E Ratio (TTM)

18.83

52 Week Range

₹114.50₹225.52

Market Cap

144.84B

Avg. Volume

5.97M

Dividend Yield

1.82%

Financial Metrics & Statements of Ircon International Ltd (IRCON.NS)

FAQ's for Ircon International Ltd (IRCON.NS)

According to Musaffa’s Shariah screening methodology, Ircon International Ltd (IRCON.NS) is currently classified as NOT HALAL as of February 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.