Is Mangalam Worldwide Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mangalam Worldwide Ltd (MWL.NS) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Mangalam Worldwide Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mangalam Worldwide Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mangalam Worldwide Ltd?

Muslim investors may consider investing in Mangalam Worldwide 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.

Why is Mangalam Worldwide Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Mangalam Worldwide Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Mangalam Worldwide Ltd updated?

The Shariah compliance status of Mangalam Worldwide Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Mangalam Worldwide Ltd become non-compliant?

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.

Where can I check the Shariah status of Mangalam Worldwide Ltd?

You can check the latest Shariah compliance status of Mangalam Worldwide Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Mangalam Worldwide Ltd MWL.NS

₹355.10 ₹4.30 (1.23%) 1D

Last Updated: May 15, 12:00 AM·NSE

MWL.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: December 30, 2025

Report Source: 2026 2nd Quarter Report

Mangalam Worldwide Ltd. Stock Analysis MWL.NS

India Materials Micro Cap Report: Q2, 2026

Mangalam Worldwide Ltd. engages in the manufacture of stainless-steel billets and rolling of flat bars. The company is headquartered in Ahmedabad, Gujarat and currently employs 370 full-time employees. The company went IPO on 2022-07-11. The company trades, imports, and exports steel products and other merchandise. The company specializes in producing premium stainless steel products under its brands, Mangalam Saarloh and Mangalam Tubicore. The firm manufactures a range of stainless steel in austenitic, ferritic, martensitic and special grades of duplex and super duplex, high alloy and precipitation hardening steel. Its Mangalam Saarloh branded products include continuous cast billets, bright round bars, bright square bars, bright hexagonal bars, forged & proof machined round bars, forged quality ingots, round cornered squares (RCS) bars and hot rolled round bars. Its Mangalam Tubicore branded products include seamless pipes, seamless heat exchanger tubes & U tubes, hot finish mother hollow, and welded pipes.

Key Statistics of Mangalam Worldwide Ltd (MWL.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹341.00₹360.00

Today's Open

₹350.80

Volume

65.53K

P/E Ratio (TTM)

35.34

52 Week Range

₹150.00₹365.00

Market Cap

10.70B

Avg. Volume

85.83K

Dividend Yield

Financial Metrics & Statements of Mangalam Worldwide Ltd (MWL.NS)

FAQ's for Mangalam Worldwide Ltd (MWL.NS)

According to Musaffa’s Shariah screening methodology, Mangalam Worldwide Ltd (MWL.NS) is currently classified as NOT HALAL as of December 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.