Is Manappuram Finance Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Manappuram Finance Ltd (MANAPPURAM.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 Manappuram Finance 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 Manappuram Finance Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Manappuram Finance Ltd?

Muslim investors may consider investing in Manappuram Finance 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 Manappuram Finance Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Manappuram Finance 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 Manappuram Finance Ltd updated?

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

Can a halal stock like Manappuram Finance 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 Manappuram Finance Ltd?

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

MANAPPURAM.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 19, 2026

Report Source: 2026 3rd Quarter Report

Manappuram Finance Ltd. Stock Analysis MANAPPURAM.NS

India Financials Mid Cap Report: Q3, 2026

Manappuram Finance Ltd. is a non-banking financial company, which engages in the provision of financial services, including gold loans, foreign exchange services, and remittances. The company is headquartered in Trichur, Kerala. The firm is a retail financial services provider and engages in activities, such as providing loans against gold jeweler, loans against property, loans for purchase of commercial vehicles, loans to MSMEs and other complementary lending activities. Its segments include Gold loan and others, and Micao Finance. The company provides credit services to people belonging to the lower socio-economic classes, particularly in rural and semi-urban areas of India. The company has a diversified lending portfolio encompassing retail, microfinance, small and medium-sized enterprises (SME) and commercial segments. Its products include gold loan, online gold loan, vehicle loan, two-wheeler finance, balance transfer and top-up, business loan, home improvement loan, housing loan, loan to salaried employees, property loan, digital personal loan, forex & money transfer, corporate loans, MAkash - digital wallet and other services.

Key Statistics of Manappuram Finance Ltd (MANAPPURAM.NS)

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

Today's Range

₹303.50₹313.65

Today's Open

₹312.05

Volume

3.97M

P/E Ratio (TTM)

20.50

52 Week Range

₹225.51₹321.60

Market Cap

258.37B

Avg. Volume

4.53M

Dividend Yield

1.02%

Financial Metrics & Statements of Manappuram Finance Ltd (MANAPPURAM.NS)

FAQ's for Manappuram Finance Ltd (MANAPPURAM.NS)

According to Musaffa’s Shariah screening methodology, Manappuram Finance Ltd (MANAPPURAM.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.