No. As of October 2026, Mufin Green Finance Ltd (MUFIN.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mufin Green Finance Ltd does not pass Musaffa's business and financial screening criteria.
Mufin Green Finance Ltd. is a non banking financial company. The company is headquartered in New Delhi, Delhi and currently employs 537 full-time employees. The company went IPO on 2019-09-24. The firm is engaged in the business of Investment and Credit. The Company’s products include Electric Mobility comprises of Vehicles, Batteries, and Chargers, and other product Solar Financing. Its Electric Mobility includes Two-wheeler Electric Vehicles, Three-wheeler Electric Vehicles, Four-wheeler Electric Vehicles, Electric Charging Infra, Battery Swapping, and Original Equipment Manufacturer (OEM). Its Solar Financing include Asset Financing and Solar Financing Eco-system. Its Asset Financing comprises of Hotels, Hospitals, Commercial buildings, Office buildings, Factories, and more. Its Solar Financing Eco-system includes Working Capital Finance for Solar Projects, Individual Purchase Price Allocation (PPA), Group PPA Financing, Captive PPAs, and more. Its subsidiaries include Mufin Green Leasing Private Limited and Mufin Green Infra Limited.
Mufin Green Finance Ltd MUFIN.NS
₹130.42 ₹2.58 (1.94%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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MUFIN.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Mufin Green Finance Ltd is classified as not halal.
NOT HALAL
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FAQ's for Mufin Green Finance Ltd (MUFIN.NS)
As of October 2026, Mufin Green Finance Ltd MUFIN.NS is classified as not 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 Mufin Green Finance Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Mufin Green 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.
Musaffa determines the Shariah status of Mufin Green Finance 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 Mufin Green Finance 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 Mufin Green Finance 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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