MIC Electronics Ltd MICEL.NS
₹34.67 ₹1.03 (2.89%) 1D
Last Updated: Oct 14, 12:00 AM·NSE
Pricing for IN stocks is delayed by 24 hours
Open navigation menu
Invest
Invest on your own
We do it for you
Halal tools
Screeners
Your portfolio
Calculators
Shariah
Our certifications
Learn
Education
Get help
News
Pricing
Company
About Musaffa
Investors
Build with us
Is MIC Electronics Ltd Stock Halal?
Shariah Compliance Analysis of MICEL.NS Stock
India Information Technology Micro Cap Yes. As of October 2026, MIC Electronics Ltd (MICEL.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. MIC Electronics Ltd passes Musaffa's business and financial screening criteria.
MIC Electronics Ltd. engages in the design, development, and manufacture of light-emitting diode (LED) products. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2007-05-30. Its segments include LED Products, Medical and other appliances, automobile and Electrical & Electronics, Spare parts trading segments. The company offers Indoor LED displays, Outdoor LED displays, General LED lighting, and Solar LED Lighting. The company is also involved in medical device manufacturing including designing, development, manufacturing and supply of Oxygen Concentrators. The company offers indoor video screens, digital posters, outdoor video walls, digital billboards, ticker displays, digital posters, and perimeter displays. Indoor lighting solutions include area lights, down lights and parking lights. Its outdoor lighting includes street lights, solar street lights, flood lights and industrial lights. The company also offers lanterns. The company serves railways, airports and ports industries.
MICEL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, MIC Electronics Ltd is classified as halal.
HALALMIC Electronics Ltd (MICEL.NS) Chart
Fetching Price Chart...
Financial Metrics & Statements of MIC Electronics Ltd (MICEL.NS)
FAQ's for MIC Electronics Ltd (MICEL.NS)
- As of October 2026, MIC Electronics Ltd MICEL.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 MIC Electronics Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in MIC Electronics 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 MIC Electronics 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 MIC Electronics 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 MIC Electronics 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 MIC Electronics Ltd (MICEL.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
