No. As of October 2026, Nibe Ltd (NIBE.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Nibe Ltd does not pass Musaffa's business and financial screening criteria.
Nibe Ltd. engages in weaving and manufacture of man-made fibre and man-made mixture fabrics. The company is headquartered in Mumbai, Maharashtra and currently employs 149 full-time employees. The company went IPO on 2013-03-12. Its defense activities are primarily focused on precision weapons, surveillance communication equipment, protective vehicles, defensive/ deterrence systems, and components. Its Defence Structures division offers tank turrets, modular bridges, VMC and CNC machinery. Its Small Arm division offers advanced small arms and firearms. Its Aeronautics division offers aerial defense capabilities and charter aviation services. Its Electronics division offers precision manufacturing of electrical and electronic assemblies. Its Space division is engaged in satellite manufacturing and Earth observation. Its products include BrahMos Missiles Canister, K9 Vajra Tank-Hull and Turret, Pinaka Launcher System, Universal Vertical Launch Mechanism, Road Mobile Launcher, Ruggedized Ethernet Switch, and Network Switch.
Nibe Ltd NIBE.NS
₹1,213.20 ₹17.80 (1.45%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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NIBE.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Nibe Ltd is classified as not halal.
NOT HALAL
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FAQ's for Nibe Ltd (NIBE.NS)
As of October 2026, Nibe Ltd NIBE.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 Nibe Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Nibe 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 Nibe 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 Nibe 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 Nibe 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 Nibe Ltd (NIBE.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.