No. As of October 2026, JSW Steel Ltd (JSWSTEEL.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. JSW Steel Ltd does not pass Musaffa's business and financial screening criteria.
JSW Steel Ltd. is a holding company, which engages in the production, distribution, and trade of iron and steel products. The firm's steel types include flat and long products. Its flat products include hot rolled, cold rolled, color coated products, galvanized, and galvalume. The firm's long products include TMT bars, wire rods, special alloy steel and grinding media. The firm's brands include JSW Silveron+, JSW Everglow, JSW Colouron+, JSW Pragati+, JSW Vishwas, JSW Galvos, JSW Galveco, JSW Platina, JSW Neosteel, JSW Trusteel, JSW Avante and JSW Radiance. The company has a strategic collaboration with JFE Steel of Japan, enabling it to access technologies to produce & offer special steel products to its customers. These products are extensively used across various industries and applications. The company has manufacturing facilities located at Vijayanagar works in Karnataka, Dolvi works in Maharashtra and Salem works in Tamil Nadu, Raigarh Works in Chhattisgarh and also in the United States and Italy.
JSW Steel Ltd JSWSTEEL.NS
₹1,168.00 ₹17.00 (1.43%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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JSWSTEEL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, JSW Steel Ltd is classified as not halal.
NOT HALAL
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FAQ's for JSW Steel Ltd (JSWSTEEL.NS)
As of October 2026, JSW Steel Ltd JSWSTEEL.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 JSW Steel Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in JSW Steel 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 JSW Steel 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 JSW Steel 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 JSW Steel 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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