Madhav Marbles and Granites Ltd MADHAV.NS
₹32.17 ₹0.88 (2.66%) 1D
Last Updated: Oct 15, 12:00 AM·NSE
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Is Madhav Marbles and Granites Ltd Stock Halal?
Shariah Compliance Analysis of MADHAV.NS Stock
India Industrials Nano Cap No. As of October 2026, Madhav Marbles and Granites Ltd (MADHAV.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Madhav Marbles and Granites Ltd does not pass Musaffa's business and financial screening criteria.
Madhav Marbles & Granites Ltd. engages in processing and exportation of granite and marbles. The firm is engaged in manufacturing, processing and trading of granite slabs / tiles, marble slabs / tiles, windmill power generation and realty business. The firm operates through three segments: Granite & Stone Division, Realty Division, and Power Generation Unit. The firm supplies granite with a range of granite collections that stays alive over the years. The company provides Calibrated Granite Tiles, Granite XL Tiles, and other natural stones. The firm operates its Granite Division from South India (Salem, Tamil Nadu). The Company’s granite collections include Amba White, Absolute Black, Amadeus Blue, Astoria, Bross Blue, Black Galaxy, Blue Oceano, Blue Pearl, Bianco Antico, Black Pearl, Bengal White, Colonial Cream, Coffee Brown Granite, Copper Red, Colonial White, Imperial Cream, Imperial Gold, Kashmir Gold, Kashmir White, and more.
MADHAV.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Madhav Marbles and Granites Ltd is classified as not halal.
NOT HALALMadhav Marbles and Granites Ltd (MADHAV.NS) Chart
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Financial Metrics & Statements of Madhav Marbles and Granites Ltd (MADHAV.NS)
FAQ's for Madhav Marbles and Granites Ltd (MADHAV.NS)
- As of October 2026, Madhav Marbles and Granites Ltd MADHAV.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 Madhav Marbles and Granites Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Madhav Marbles and Granites 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 Madhav Marbles and Granites 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 Madhav Marbles and Granites 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 Madhav Marbles and Granites 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 Madhav Marbles and Granites Ltd (MADHAV.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
