Is Taufika Foods and Lovello Ice-Cream Plc halal to invest in?

As of September 2026, Taufika Foods and Lovello Ice-Cream Plc LOVELLO.DS 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.

Is Taufika Foods and Lovello Ice-Cream Plc 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 Taufika Foods and Lovello Ice-Cream Plc using these criteria to determine its compliance status.

Can Muslims buy shares of Taufika Foods and Lovello Ice-Cream Plc?

Muslim investors may consider investing in Taufika Foods and Lovello Ice-Cream Plc 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 Taufika Foods and Lovello Ice-Cream Plc classified as NOT HALAL?

Musaffa determines the Shariah status of Taufika Foods and Lovello Ice-Cream Plc 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 Taufika Foods and Lovello Ice-Cream Plc updated?

The Shariah compliance status of Taufika Foods and Lovello Ice-Cream Plc may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Taufika Foods and Lovello Ice-Cream Plc 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 Taufika Foods and Lovello Ice-Cream Plc?

You can check the latest Shariah compliance status of Taufika Foods and Lovello Ice-Cream Plc on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Is Taufika Foods and Lovello Ice-Cream Plc Stock Halal?

Shariah Compliance Analysis of LOVELLO.DS Stock

Bangladesh Consumer Staples Micro Cap

No. As of September 2026, Taufika Foods and Lovello Ice-Cream Plc (LOVELLO.DS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Taufika Foods and Lovello Ice-Cream Plc does not pass Musaffa's business and financial screening criteria.

Taufika Foods & Lovello Ice-cream Plc operates as a ice-cream manufacturer and supplier with a brand lovello. The firm is an ice-cream manufacturer and supplier in Bangladesh. The brand name of its ice cream is LOVELLO. Its products include stick regular, stick premium, cone maxi, cone mini, cup regular, cup premium, container regular, container premium, swirly sundae, and ice cream cake. The Company’s product line consists of premium and regular segments, including stick-normal, stick-premium, cup, cone, half liter container, one liter normal, one liter premium, two liter container, five liter container, and cake. The firm has introduced approximately 58 distinct ice-cream creations. The company has also launched products such as Shahi Khajur Malai with Khajur flavor, Mini Cone, Couple Tub, Hidden Heart Single, and Heart Beats Single in mini sizes. The Company’s factory is located in the Valuka District, Mymensingh.

Taufika Foods and Lovello Ice-Cream Plc LOVELLO.DS

LOVELLO.DS Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Taufika Foods and Lovello Ice-Cream Plc is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report