Is Magnum Ventures Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Magnum Ventures Ltd (MAGNUM.NS) is currently classified as NOT HALAL as of January 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 Magnum Ventures 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 Magnum Ventures Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Magnum Ventures Ltd?

Muslim investors may consider investing in Magnum Ventures 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 Magnum Ventures Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Magnum Ventures 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 Magnum Ventures Ltd updated?

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

Can a halal stock like Magnum Ventures 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 Magnum Ventures Ltd?

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

MAGNUM.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 12, 2026

Report Source: 2026 2nd Quarter Report

Magnum Ventures Ltd. Stock Analysis MAGNUM.NS

India Materials Nano Cap Report: Q2, 2026

Magnum Ventures Ltd. engages in hospitality and paper manufacturing. The firm is engaged in the business of hospitality and paper. The firm has two operating segments, namely Paper Division and Hotel Division. The Paper Division engages in manufacturing Grey Board, Newsprint, Duplex Board, N.S. paper & Board, and Kraft Paper & Board. The Hotel Division offers rooms, restaurants, banquets, and in hotel services. The firm owns a hotel unit in the name of Country Inn & Suites by Radisson, Sahibabad. Its paper business addresses the manufacturing of recycled environment-friendly paper. Its paper manufacturing facility is focused on the utilization of wastepaper to manufacture a range of paper varieties. The company offers standard rooms, superior rooms, executive rooms, and suites. The company has five restaurants and bars. The company has eight banquets with the capacity of approximately 1300-person. Its services in hotel include The Salon, Revive The Spa, Gymnasium, and DVD Galleria.

Key Statistics of Magnum Ventures Ltd (MAGNUM.NS)

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

Today's Range

₹20.10₹20.90

Today's Open

₹20.41

Volume

16.04K

P/E Ratio (TTM)

14.90

52 Week Range

₹16.25₹30.25

Market Cap

1.38B

Avg. Volume

31.59K

Dividend Yield

Financial Metrics & Statements of Magnum Ventures Ltd (MAGNUM.NS)

FAQ's for Magnum Ventures Ltd (MAGNUM.NS)

According to Musaffa’s Shariah screening methodology, Magnum Ventures Ltd (MAGNUM.NS) is currently classified as NOT HALAL as of January 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.