Shariah Compliance Analysis of NAMOEWASTE.NS Stock
India Industrials Micro Cap
Yes. As of October 2026, Namo eWaste Management Ltd (NAMOEWASTE.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Namo eWaste Management Ltd passes Musaffa's business and financial screening criteria.
Namo eWaste Management Ltd. is a sustainable and electronic waste management company. The company is headquartered in Faridabad, Haryana and currently employs 60 full-time employees. The company went IPO on 2024-09-11. The firm's service portfolio includes electronic recycling, refurbishment and extended producer responsibility services (EPR). Its electronic recycling services involve collecting, sorting, dismantling and recycling electronic products to recover useful materials like copper, aluminum, iron, plastic, zinc and brass scrap and others, along with safe disposal of the hazardous elements recovered during recycling. The firm's refurbishment service involves testing, repairing, and cleaning electronic devices to bring them back to a usable condition. Its EPR services offer compliance auditing and reporting, return filing and awareness related to safe disposal of e-waste.
Namo eWaste Management Ltd NAMOEWASTE.NS
₹361.55 ₹11.35 (3.04%) 1D
Last Updated: Oct 12, 12:00 AM·NSE
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NAMOEWASTE.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Namo eWaste Management Ltd is classified as halal.
HALAL
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FAQ's for Namo eWaste Management Ltd (NAMOEWASTE.NS)
As of October 2026, Namo eWaste Management Ltd NAMOEWASTE.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 Namo eWaste Management Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Namo eWaste Management 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 Namo eWaste Management 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 Namo eWaste Management 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 Namo eWaste Management 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 Namo eWaste Management Ltd (NAMOEWASTE.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.