Mahickra Chemicals Ltd MAHICKRA.NS
₹289.00 ₹16.00 (5.86%) 1D
Last Updated: Oct 01, 12:00 AM·NSE
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Is Mahickra Chemicals Ltd Stock Halal?
Shariah Compliance Analysis of MAHICKRA.NS Stock
India Materials Nano Cap Yes. As of October 2026, Mahickra Chemicals Ltd (MAHICKRA.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mahickra Chemicals Ltd passes Musaffa's business and financial screening criteria.
Mahickra Chemicals Ltd, engages in the manufacture, supply, and export of dyestuffs. The company is headquartered in Ahmedabad, Gujarat and currently employs 28 full-time employees. The company went IPO on 2018-04-26. The company operates through the Manufacturing of Dyes and Dyestuffs segment. The company specializes in a comprehensive range of reactive dyes branded as Nikazol and Nikafix, widely used in dyeing textiles. The company operates four manufacturing facilities, two of which are dedicated to producing reactive dyes. Its products include dyestuffs, food colors, pigment, specialty chemicals, inorganic chemicals, and excipients. Its Nikron Pigment Emulsions work well in both rotary and flat-bed printing techniques because they are made especially for textile applications. The company offers a comprehensive range of textile emulsions, hardeners, coating emulsions, and binders that provide the essential components for creating durable and textile finishes. Its coating agents are developed to offer advanced surface protection and enhancement for textiles. The company serves various industries, including pharma, cosmetics, fertilizer, and others.
MAHICKRA.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Mahickra Chemicals Ltd is classified as halal.
HALALMahickra Chemicals Ltd (MAHICKRA.NS) Chart
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Financial Metrics & Statements of Mahickra Chemicals Ltd (MAHICKRA.NS)
FAQ's for Mahickra Chemicals Ltd (MAHICKRA.NS)
- As of October 2026, Mahickra Chemicals Ltd MAHICKRA.NS is classified as 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 Mahickra Chemicals Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Mahickra Chemicals 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 Mahickra Chemicals 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 Mahickra Chemicals 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 Mahickra Chemicals Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Mahickra Chemicals Ltd (MAHICKRA.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
