Yes. As of October 2026, Madhya Bharat Agro Products Ltd (MBAPL.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Madhya Bharat Agro Products Ltd passes Musaffa's business and financial screening criteria.
Madhya Bharat Agro Products Ltd. engages in the manufacture and sale of single super phosphate fertilizers in India. The firm is engaged in the production of Sulphuric Acid Plant (SAP), Beneficiated Rock Phosphate (BRP), Single Super Phosphate (SSP), Phosphoric Acid (PAP), and DAP (di-Ammonium Phosphate)/NPK (Nitrogen-Phosphorus-Potassium). The firm has a single operating segment, namely Fertilizer. The firm has two brands, namely Bharat and ANNADATA. The products under Bharat brand include DAP and NPK. The products under ANNADATA include Single Super Phosphate (Powder), Zincated Single Super Phosphate Powder, Boronated Single Super Phosphate Powder, Single Super Phosphate (Granular), ANNADATA Prom, ANNADATA Casma, among others. The firm has two production plants located in Sagar, Madhya Pradesh.
Madhya Bharat Agro Products Ltd MBAPL.NS
₹165.32 ₹1.17 (0.71%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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MBAPL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Madhya Bharat Agro Products Ltd is classified as halal.
FAQ's for Madhya Bharat Agro Products Ltd (MBAPL.NS)
As of October 2026, Madhya Bharat Agro Products Ltd MBAPL.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 Madhya Bharat Agro Products Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Madhya Bharat Agro Products 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 Madhya Bharat Agro Products 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 Madhya Bharat Agro Products 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 Madhya Bharat Agro Products Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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