Mukand Ltd MUKANDLTD.NS
₹174.29 ₹12.09 (6.49%) 1D
Last Updated: Oct 08, 12:00 AM·NSE
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Is Mukand Ltd Stock Halal?
Shariah Compliance Analysis of MUKANDLTD.NS Stock
India Materials Micro Cap No. As of October 2026, Mukand Ltd (MUKANDLTD.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mukand Ltd does not pass Musaffa's business and financial screening criteria.
Mukand Ltd. engages in the manufacturing and sale of alloy steel products, rods, structural, rails, and stainless-steel bars. The company is headquartered in Mumbai, Maharashtra and currently employs 1,446 full-time employees. The Company’s segments include Specialty Steel, Industrial Machinery and Engineering Contracts, and Others. The Specialty Steel segment includes products, such as billets, blooms, rounds, wire rods, bars, rods and sections, bright bars and wires of special and alloy steel and stainless steel. The Industrial Machinery and Engineering Contracts segment includes EOT and other cranes, steel structural, material handling equipment, and processing plant and equipment, among others. The Others segment comprises road construction, property development and operations of non-banking financial activities. The firm has two manufacturing facilities located in Maharashtra and Karnataka.
MUKANDLTD.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Mukand Ltd is classified as not halal.
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Financial Metrics & Statements of Mukand Ltd (MUKANDLTD.NS)
FAQ's for Mukand Ltd (MUKANDLTD.NS)
- As of October 2026, Mukand Ltd MUKANDLTD.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 Mukand Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Mukand 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 Mukand 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 Mukand 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 Mukand Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Mukand Ltd (MUKANDLTD.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
