No. As of October 2026, Lexus Granito (India) Ltd (LEXUS.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Lexus Granito (India) Ltd does not pass Musaffa's business and financial screening criteria.
Lexus Granito (India) Ltd. engages in the manufacture, trade, and marketing of vitrified ceramic tiles and wall tiles for the domestic and international markets. The company is headquartered in Rajkot, Gujarat and currently employs 29 full-time employees. The company went IPO on 2017-08-23. The firm operates a manufacturing facility in Morbi, Gujarat, India. The company also operates an in-house laboratory, which enables the Company to develop new colors, besides facilitating the conducting of tests and analysis of various products. The company manufactures and markets its products under the brand name LEXUS. Its vitrified tile products include rustic series, high gloss series, satin series, and end match series. Its wall tile products include craving series, glossy series and rustic matt series. The company operates in both domestic and international markets. The company exports its products to various countries, such as Dubai, Guatemala, Israel, Italy, Libya, Nepal, Nigeria, Portugal, Qatar, the Republic of Kosovo, Saudi Arabia, Sierra Leone, Taiwan, the United Kingdom, and the United States of America.
Lexus Granito (India) Ltd LEXUS.NS
₹9.91 ₹0.08 (0.80%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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LEXUS.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Lexus Granito (India) Ltd is classified as not halal.
NOT HALAL
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FAQ's for Lexus Granito (India) Ltd (LEXUS.NS)
As of October 2026, Lexus Granito (India) Ltd LEXUS.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 Lexus Granito (India) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Lexus Granito (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 Lexus Granito (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 Lexus Granito (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 Lexus Granito (India) Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Lexus Granito (India) Ltd (LEXUS.NS)
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