Is Karma Energy Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Karma Energy Ltd (KARMAENG.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 Karma Energy 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 Karma Energy Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Karma Energy Ltd?

Muslim investors may consider investing in Karma Energy 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 Karma Energy Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Karma Energy 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 Karma Energy Ltd updated?

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

Can a halal stock like Karma Energy 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 Karma Energy Ltd?

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

KARMAENG.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 02, 2026

Report Source: 2026 2nd Quarter Report

Karma Energy Ltd. Stock Analysis KARMAENG.NS

India Utilities Nano Cap Report: Q2, 2026

Karma Energy Ltd. engages in the business of generation of power from renewable energy sources. The primary business activity of the Company is that of generation of power from renewable sources. The firm has developed and is operating about 33 megawatts (MW) wind power projects in the states of Andhra Pradesh, Maharashtra, and Tamil Nadu. Its wind power projects of an aggregate capacity of approximately 700 MW are under various stages of implementation in the states of Gujarat, Karnataka, and Maharashtra. The company is also developing approximately 10 MW small hydel projects in the state of Himachal Pradesh. The firm is focused on the development of the renewable energy sector through wind power and small hydro power of the group. The Power Projects are spread over Andhra Pradesh, Gujarat, Himachal Pradesh, Karnataka, Maharashtra, and Tamil Nadu.

Key Statistics of Karma Energy Ltd (KARMAENG.NS)

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

Today's Range

₹49.81₹51.48

Today's Open

₹51.00

Volume

7387.00

P/E Ratio (TTM)

36.68

52 Week Range

₹34.38₹86.93

Market Cap

584.86M

Avg. Volume

10.31K

Dividend Yield

Financial Metrics & Statements of Karma Energy Ltd (KARMAENG.NS)

FAQ's for Karma Energy Ltd (KARMAENG.NS)

According to Musaffa’s Shariah screening methodology, Karma Energy Ltd (KARMAENG.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.