Midwest Ltd MIDWESTLTD.NS
₹1,066.00 ₹17.00 (1.62%) 1D
Last Updated: Oct 07, 12:00 AM·NSE
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Is Midwest Ltd Stock Halal?
Shariah Compliance Analysis of MIDWESTLTD.NS Stock
India Materials Small Cap Yes. As of October 2026, Midwest Ltd (MIDWESTLTD.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Midwest Ltd passes Musaffa's business and financial screening criteria.
Midwest Ltd. engages in exploring, mining, processing, and exporting of natural stones. The company is headquartered in Hyderabad, Telangana. The company went IPO on 2025-10-24. The Company’s operating segments include Natural Stone Segment and Diamond Wire Segment. Natural Stone Segment comprises extracting and processing dimensional granite (Granite that is cut to conform to the specifications in terms of size and shape), particularly the Black Galaxy and Absolute Black varieties. The company operates approximately 20 mines in the Indian states of Telangana and Andhra Pradesh, along with two granite processing facilities in Andhra Pradesh, India. Diamond Wire Segment comprises the design, development, manufacture and sale of diamond wires, which are used to cut hard materials such as concrete, stone and certain metals. The firm produces three types of diamond wire: Quarry Wire, Stationery Wire, and Multi Wire. The company has an installed capacity to manufacture around 72,000 meters of diamond wire per annum.
MIDWESTLTD.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Midwest Ltd is classified as halal.
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Financial Metrics & Statements of Midwest Ltd (MIDWESTLTD.NS)
FAQ's for Midwest Ltd (MIDWESTLTD.NS)
- As of October 2026, Midwest Ltd MIDWESTLTD.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 Midwest Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Midwest 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 Midwest 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 Midwest 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 Midwest 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 Midwest Ltd (MIDWESTLTD.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
