Manaksia Aluminium Co Ltd MANAKALUCO.NS
₹33.24 ₹0.16 (0.48%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
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Is Manaksia Aluminium Co Ltd Stock Halal?
Shariah Compliance Analysis of MANAKALUCO.NS Stock
India Materials Nano Cap No. As of October 2026, Manaksia Aluminium Co Ltd (MANAKALUCO.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Manaksia Aluminium Co Ltd does not pass Musaffa's business and financial screening criteria.
Manaksia Aluminium Co. Ltd. engages in the provision of aluminum products. The firm's products include aluminum coils, aluminum plain sheets, aluminum roofing sheets, aluminum pre-painted/color coated coils, aluminum flooring sheets (five bar and diamond pattern), and embossed coils. The firm has an annual production capacity of 30,000 tons per year. The company is focused on the production of value-added materials, such as color coated aluminum sheets and coils, which are specifically engineered to meet diverse needs across multiple sectors, including roofing, ceiling, and facades, as well as applications in packaging, insulation and transportation. In addition to its product range, the Company is focused on developing aluminum special alloy ingots tailored for the auto industry. The firm exports to various countries across Europe, North America, the Middle East, Africa, Latin America and other neighboring regions.
MANAKALUCO.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Manaksia Aluminium Co Ltd is classified as not halal.
NOT HALALManaksia Aluminium Co Ltd (MANAKALUCO.NS) Chart
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Financial Metrics & Statements of Manaksia Aluminium Co Ltd (MANAKALUCO.NS)
FAQ's for Manaksia Aluminium Co Ltd (MANAKALUCO.NS)
- As of October 2026, Manaksia Aluminium Co Ltd MANAKALUCO.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 Manaksia Aluminium Co Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Manaksia Aluminium Co 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 Manaksia Aluminium Co 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 Manaksia Aluminium Co 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 Manaksia Aluminium Co 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 Manaksia Aluminium Co Ltd (MANAKALUCO.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
