Is Nuvama Wealth Management Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Nuvama Wealth Management Ltd (NUVAMA.NS) is currently classified as NOT HALAL as of February 2026. 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 Nuvama Wealth Management 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 Nuvama Wealth Management Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Nuvama Wealth Management Ltd?

Muslim investors may consider investing in Nuvama Wealth 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.

Why is Nuvama Wealth Management Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Nuvama Wealth Management 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 Nuvama Wealth Management Ltd updated?

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

Can a halal stock like Nuvama Wealth Management 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 Nuvama Wealth Management Ltd?

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

Nuvama Wealth Management Ltd NUVAMA.NS

₹1,458.50 ₹13.50 (0.92%) 1D

Last Updated: May 15, 12:00 AM·NSE

NUVAMA.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 19, 2026

Report Source: 2026 3rd Quarter Report

Nuvama Wealth Management Ltd. Stock Analysis NUVAMA.NS

India Financials Mid Cap Report: Q3, 2026

Nuvama Wealth Management Ltd. is a stock broking company, which engages in conducting trading and broking activities for institutional as well as retail clients. The firm operates through three segments: Wealth management business, Asset management business, and Capital markets business. The Wealth management business segment includes the distribution of financial products, investment advisory, lending against securities, and securities broking for clients in the wealth management business. The Asset management business segment includes investment management for alternative investment funds (AIFs) and portfolio management services (PMS) across strategies. The Capital markets business segment includes the institutional broking business, merchant banking, debt advisory, and clearing services. The firm's subsidiaries include Nuvama Clearing Services Limited, Nuvama Financial Services Inc., Nuvama Wealth Finance Limited, Nuvama Wealth and Investment Limited, Nuvama Asset Management Limited, and Pickright technologies Private Limited.

Key Statistics of Nuvama Wealth Management Ltd (NUVAMA.NS)

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

Today's Range

₹1,453.70₹1,505.40

Today's Open

₹1,472.00

Volume

447.57K

P/E Ratio (TTM)

27.27

52 Week Range

₹1,096.90₹1,701.70

Market Cap

242.23B

Avg. Volume

729.47K

Dividend Yield

Financial Metrics & Statements of Nuvama Wealth Management Ltd (NUVAMA.NS)

FAQ's for Nuvama Wealth Management Ltd (NUVAMA.NS)

According to Musaffa’s Shariah screening methodology, Nuvama Wealth Management Ltd (NUVAMA.NS) is currently classified as NOT HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.