Is Maithan Alloys Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Maithan Alloys Ltd (MAITHANALL.NS) is currently classified as NOT HALAL as of February 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 Maithan Alloys 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 Maithan Alloys Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Maithan Alloys Ltd?

Muslim investors may consider investing in Maithan Alloys 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 Maithan Alloys Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Maithan Alloys 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 Maithan Alloys Ltd updated?

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

Can a halal stock like Maithan Alloys 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 Maithan Alloys Ltd?

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

MAITHANALL.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 24, 2026

Report Source: 2026 3rd Quarter Report

Maithan Alloys Ltd. Stock Analysis MAITHANALL.NS

India Materials Small Cap Report: Q3, 2026

Maithan Alloys Ltd. manufactures and exports manganese alloys. The firm is primarily engaged in the business of manufacturing and exporting all three bulk ferro alloys, which include Ferro Manganese, Silico Manganese, and Ferro Silicon. Ferro Manganese is primarily an alloy of manganese and iron. The company contains a high content of manganese and is used in steel products wherein silicon content needs to be controlled at low levels. The company is mainly used in the silico manganese production of flat steel, manganese-rich steel and stainless-steel products. Silicon Manganese is an alloy of manganese, silicon and iron. The company is consumed in all steel products and used in higher quantities in 200 series stainless steel, alloy steel and manganese steel. Ferro Silicon is an alloy of silicon and iron. The company is used primarily in special steel and in small quantities in mild steel. The company is also engaged in the generation and supply of wind power.

Key Statistics of Maithan Alloys Ltd (MAITHANALL.NS)

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

Today's Range

₹990.20₹1,013.50

Today's Open

₹1,010.00

Volume

26.53K

P/E Ratio (TTM)

4.64

52 Week Range

₹831.20₹1,264.00

Market Cap

28.86B

Avg. Volume

39.83K

Dividend Yield

1.06%

Financial Metrics & Statements of Maithan Alloys Ltd (MAITHANALL.NS)

FAQ's for Maithan Alloys Ltd (MAITHANALL.NS)

According to Musaffa’s Shariah screening methodology, Maithan Alloys Ltd (MAITHANALL.NS) is currently classified as NOT HALAL as of February 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.