Is Power and Instrumentation (Gujarat) Ltd Stock Halal?
Shariah Compliance Analysis of PIGL.NS Stock
India Industrials Nano Cap
Yes. As of October 2026, Power and Instrumentation (Gujarat) Ltd (PIGL.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Power and Instrumentation (Gujarat) Ltd passes Musaffa's business and financial screening criteria.
Power & Instrumentation (Gujarat) Ltd. engages in the provision of EPC solutions for electrical requirement and manufactured electronic boards, electrical panels and control panels. The firm specializes in electromechanical services encompassing electrical substations, automation, heating, ventilation, and air conditioning (HVAC) solutions, and others. Its other services include installation, maintenance, and repair of distribution transformers, generators, switchgear, and others. Its services also include uninterrupted power supply system (UPS), Silent Type Diesel Generating Sets, generator rental, Indoor substation support, and others. Its customized services cover wiring, lighting, power distribution, and energy-efficient solutions. Its Backup Power Services include UPS power supply services and installation, commissioning, regular inspections, and emergency repairs for various backup power systems. The company serves various industries, including industries and companies; hospitals; state government; leisure’s, and others.
Power and Instrumentation (Gujarat) Ltd PIGL.NS
₹92.11 ₹2.89 (3.04%) 1D
Last Updated: Oct 14, 12:00 AM·NSE
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PIGL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Power and Instrumentation (Gujarat) Ltd is classified as halal.
HALAL
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FAQ's for Power and Instrumentation (Gujarat) Ltd (PIGL.NS)
As of October 2026, Power and Instrumentation (Gujarat) Ltd PIGL.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 Power and Instrumentation (Gujarat) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Power and Instrumentation (Gujarat) 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 Power and Instrumentation (Gujarat) 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 Power and Instrumentation (Gujarat) 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 Power and Instrumentation (Gujarat) Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Power and Instrumentation (Gujarat) Ltd (PIGL.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.