Man Industries (India) Ltd MANINDS.NS
₹857.85 ₹53.10 (5.83%) 1D
Last Updated: Oct 08, 12:00 AM·NSE
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Is Man Industries (India) Ltd Stock Halal?
Shariah Compliance Analysis of MANINDS.NS Stock
India Industrials Small Cap Yes. As of October 2026, Man Industries (India) Ltd (MANINDS.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Man Industries (India) Ltd passes Musaffa's business and financial screening criteria.
Man Industries (India) Ltd. engages in the provision of manufacturing, processing, and trading of submerged arc welded pipes and steel products. The company is headquartered in Mumbai, Maharashtra and currently employs 742 full-time employees. The company specializes in the manufacturing and coating of large-diameter carbon steel pipes, alongside ventures in infrastructure, realty, and trading. The Company’s segments are Manufacturing and trading in Steel Products and Real Estate. The Company’s LSAW pipes are approximately 16 inches to 56 inches in diameter. LSAW pipes have a maximum length of about 12.20 meters. The company also provides various options for coating systems, which include external coating system and internal coating system. The company offers external coatings and internal linings that protect steel pipes against corrosion and mechanical impact. The Company’s subsidiaries include Merino Shelters Private Limited, Man Stainless Steel Tubes Limited, Man Overseas Metals DMCC, Man International Steel Industrial Company, and Man USA Inc.
MANINDS.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Man Industries (India) Ltd is classified as halal.
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Financial Metrics & Statements of Man Industries (India) Ltd (MANINDS.NS)
FAQ's for Man Industries (India) Ltd (MANINDS.NS)
- As of October 2026, Man Industries (India) Ltd MANINDS.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 Man Industries (India) Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Man Industries (India) 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 Man Industries (India) 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 Man Industries (India) 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 Man Industries (India) 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 Man Industries (India) Ltd (MANINDS.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
