Is Jainam Ferro Alloys (I) Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Jainam Ferro Alloys (I) Ltd (JAINAM.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 Jainam Ferro Alloys (I) 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 Jainam Ferro Alloys (I) Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Jainam Ferro Alloys (I) Ltd?

Muslim investors may consider investing in Jainam Ferro Alloys (I) 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 Jainam Ferro Alloys (I) Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Jainam Ferro Alloys (I) 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 Jainam Ferro Alloys (I) Ltd updated?

The Shariah compliance status of Jainam Ferro Alloys (I) Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Jainam Ferro Alloys (I) 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 Jainam Ferro Alloys (I) Ltd?

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

Jainam Ferro Alloys (I) Ltd JAINAM.NS

₹297.90 ₹7.90 (2.72%) 1D

Last Updated: May 15, 12:00 AM·NSE

JAINAM.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 06, 2026

Report Source: 2026 2nd Quarter Report

Jainam Ferro Alloys (I) Ltd. Stock Analysis JAINAM.NS

India Materials Nano Cap Report: Q2, 2026

Jainam Ferro Alloys (I) Ltd. engages in the manufacture of ferro alloys. The company is headquartered in Raipur, Chhattisgarh and currently employs 121 full-time employees. The company went IPO on 2021-10-08. The firm offers customized manganese alloys to large and growing steel companies around the world. The Company’s products include Ferro Manganese, Silicon Manganese, and Ferro Manganese Slag. The Company’s Ferro Manganese product is primarily an alloy of manganese and iron. The company contains a high content of manganese and is used in steel products wherein silicon content needs to be controlled at low levels. The company is mainly used in the production of flat steel, manganese-rich steel, and stainless-steel products. Its Silico Manganese product is ferro alloys with elevated contents of manganese and silicon. The Company’s products are also used for deoxidizing, desulphurization, and refining of steel. The Company’s ferroalloys are also used in the automotive, railway, construction, and various engineering industries.

Key Statistics of Jainam Ferro Alloys (I) Ltd (JAINAM.NS)

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

Today's Range

₹290.00₹299.00

Today's Open

₹290.00

Volume

3000.00

P/E Ratio (TTM)

33.96

52 Week Range

₹169.00₹322.85

Market Cap

2.72B

Avg. Volume

3133.33

Dividend Yield

Financial Metrics & Statements of Jainam Ferro Alloys (I) Ltd (JAINAM.NS)

FAQ's for Jainam Ferro Alloys (I) Ltd (JAINAM.NS)

According to Musaffa’s Shariah screening methodology, Jainam Ferro Alloys (I) Ltd (JAINAM.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.