Is Niraj Ispat Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Niraj Ispat Industries Ltd (NIRAJISPAT.NS) is currently classified as NOT HALAL as of August 2024. 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 Niraj Ispat Industries 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 Niraj Ispat Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Niraj Ispat Industries Ltd?

Muslim investors may consider investing in Niraj Ispat Industries 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 Niraj Ispat Industries Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Niraj Ispat Industries 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 Niraj Ispat Industries Ltd updated?

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

Can a halal stock like Niraj Ispat Industries 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 Niraj Ispat Industries Ltd?

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

Niraj Ispat Industries Ltd NIRAJISPAT.NS

₹236.00 ₹0.96 (0.41%) 1D

Last Updated: May 15, 12:00 AM·NSE

NIRAJISPAT.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 21, 2024

Report Source: 2025 1st Quarter Report

Niraj Ispat Industries Ltd. Stock Analysis NIRAJISPAT.NS

India N/A Nano Cap Report: Q1, 2025

Niraj Ispat Industries Ltd. engages in manufacturing of polyester buttons in two or four thread holes used in dresses, sweaters, pouches and shirts. The company is headquartered in Delhi, Delhi. The company went IPO on 2016-10-27. The firm engages in the manufacturing of polyester buttons with two or four thread holes used in dresses, sweaters, pouches, and shirts. These buttons are available in a variety of colors, sizes, and designs. The firm also supplies its products to both residential and commercial sectors.

Key Statistics of Niraj Ispat Industries Ltd (NIRAJISPAT.NS)

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

Today's Range

₹226.21₹236.96

Today's Open

₹236.96

Volume

27.00

P/E Ratio (TTM)

10.66

52 Week Range

₹155.00₹612.50

Market Cap

148.80M

Avg. Volume

237.81

Dividend Yield

Financial Metrics & Statements of Niraj Ispat Industries Ltd (NIRAJISPAT.NS)

FAQ's for Niraj Ispat Industries Ltd (NIRAJISPAT.NS)

According to Musaffa’s Shariah screening methodology, Niraj Ispat Industries Ltd (NIRAJISPAT.NS) is currently classified as NOT HALAL as of August 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.