Is Paras Defence and Space Technologies Ltd halal to invest in?

As of October 2026, Paras Defence and Space Technologies Ltd PARAS.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.

Is Paras Defence and Space Technologies 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 Paras Defence and Space Technologies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Paras Defence and Space Technologies Ltd?

Muslim investors may consider investing in Paras Defence and Space Technologies 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 Paras Defence and Space Technologies Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Paras Defence and Space Technologies 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 Paras Defence and Space Technologies Ltd updated?

The Shariah compliance status of Paras Defence and Space Technologies Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Paras Defence and Space Technologies 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 Paras Defence and Space Technologies Ltd?

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

Is Paras Defence and Space Technologies Ltd Stock Halal?

Shariah Compliance Analysis of PARAS.NS Stock

India Industrials Small Cap

No. As of October 2026, Paras Defence and Space Technologies Ltd (PARAS.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Paras Defence and Space Technologies Ltd does not pass Musaffa's business and financial screening criteria.

Paras Defence & Space Technologies Ltd. engages in the provision of designing, developing, manufacturing, and testing of a wide range of defence and space engineering products and solutions. The company is headquartered in Navi Mumbai, Maharashtra and currently employs 537 full-time employees. The company went IPO on 2021-10-01. The firm is engaged in offering a range of products and solutions for defense and space application. The company operates through two segments: Optics & Optronic Systems and Defense Engineering. Optics & Optronic Systems segment include optical components and sub-systems, such as space optics/gratings/mirrors, infra-red lenses for night vision devices, opto-mechanical assemblies and precision diamond turned components and opto-electronic systems comprising of submarine periscope, hyperspectral camera. Defense Engineering segment include defense electronics compromising of defense automation and control systems, rugged command and control consoles, and avionic suite; heavy engineering comprising of flow formed rockets/ missile motor tubes, electromechanical assemblies, remote controlled border defense system and turnkey projects, and electromagnetic pulse protection solutions.

Paras Defence and Space Technologies Ltd PARAS.NS

₹1,298.90 ₹36.90 (2.92%) 1D

Last Updated: Oct 16, 12:00 AM·NSE

Pricing for IN stocks is delayed by 24 hours

PARAS.NS Shariah Compliance

Screening Methodology: AAOIFI

As of October 2026, Paras Defence and Space Technologies Ltd is classified as not halal.

NOT HALAL

Paras Defence and Space Technologies Ltd (PARAS.NS) Chart

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Financial Metrics & Statements of Paras Defence and Space Technologies Ltd (PARAS.NS)

FAQ's for Paras Defence and Space Technologies Ltd (PARAS.NS)

As of October 2026, Paras Defence and Space Technologies Ltd PARAS.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 Paras Defence and Space Technologies Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Paras Defence and Space Technologies 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 Paras Defence and Space Technologies 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 Paras Defence and Space Technologies 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 Paras Defence and Space Technologies 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 Paras Defence and Space Technologies Ltd (PARAS.NS)

Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.

Name	Price	1D Change	Market Cap	Rating
Aequs Ltd AEQUS.NS	₹262.20	1.63%	₹155.53B	Unlock
Sika Interplant Systems Ltd 523606.BO	₹944.35	0.93%	₹22.86B	Unlock
A Apsis Aerocom Ltd APSISAERO.NS	₹605.05	0.00%	₹5.13B	Unlock