No. As of October 2026, One 97 Communications Ltd (PAYTM.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. One 97 Communications Ltd does not pass Musaffa's business and financial screening criteria.
One 97 Communications Ltd. engages in the development of digital goods and mobile commerce platform. The company is headquartered in Noida, Uttar Pradesh and currently employs 14,656 full-time employees. The company went IPO on 2021-11-18. The firm is engaged in the business of providing payment and financial services, which includes payment facilitator services, facilitation of consumer and merchant loan distribution to consumers and merchants, wealth management, and others. Its services include digital recharge, bill payments, such as utility bills, education and money transfers on the app, online payment gateways as well as offline payment modes to merchants either through Quick Response (QR) codes, Soundbox or Card Machines. The company also offers digital distribution of credit, insurance, mutual funds distribution and equity broking. Its other services include deals and gift vouchers, advertising services and loyalty programs for merchants. Its offerings cater to a range of customer requirements, facilitating money transfers, merchant payments, bill payments, e-commerce transactions, and access to other financial services.
One 97 Communications Ltd PAYTM.NS
₹1,684.00 ₹28.00 (1.69%) 1D
Last Updated: Oct 05, 12:00 AM·NSE
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PAYTM.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, One 97 Communications Ltd is classified as not halal.
NOT HALAL
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FAQ's for One 97 Communications Ltd (PAYTM.NS)
As of October 2026, One 97 Communications Ltd PAYTM.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 One 97 Communications Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in One 97 Communications 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 One 97 Communications 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 One 97 Communications 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 One 97 Communications 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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