Yes. As of October 2026, Olectra Greentech Ltd (OLECTRA.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Olectra Greentech Ltd passes Musaffa's business and financial screening criteria.
Olectra Greentech Ltd. is a holding company, which engages in the manufacturing of composite polymer insulators and electrical buses. The company employs 724 full-time employees The company went IPO on 2003-05-07. The firm operates through two segments: Insulator division and E Vehicle division. Its E Vehicle division includes Electric buses (e-buses), and Electric trucks (e-trucks). Its range of insulators includes transmission and distribution composite insulators such as 10 - 15 kilovolts (KV), 22 - 28 KV, 33 - 36 KV, 52 - 77 KV, 110 - 132 KV, 220 - 245 KV, and 330 - 420 KV; and insulators for railways such as 25 KV 9 Ton Insulators, 25 KV Bracket Tube Insulators, and 25 KV Stay Arm Insulators. Its EVs include v2 Electric Bus, iX Electric Bus, X2 Electric Bus, CX2 Electric Coach Bus and Meghaetron Electric Tipper. The Company’s manufacturing facilities are located at Cherlapally, Hyderabad; Mahbubnagar, Telangana; and Sangareddy District, Telangana. Its subsidiaries include SSISPL-OGL-BYD Consortium and Evey Trans (GTC) Private Limited.
Olectra Greentech Ltd OLECTRA.NS
₹1,066.30 ₹4.00 (0.38%) 1D
Last Updated: Oct 16, 12:00 AM·NSE
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OLECTRA.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Olectra Greentech Ltd is classified as halal.
HALAL
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FAQ's for Olectra Greentech Ltd (OLECTRA.NS)
As of October 2026, Olectra Greentech Ltd OLECTRA.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 Olectra Greentech Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Olectra Greentech 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 Olectra Greentech 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 Olectra Greentech 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 Olectra Greentech Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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