Yes. As of October 2026, Piramal Pharma Ltd (PPLPHARMA.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Piramal Pharma Ltd passes Musaffa's business and financial screening criteria.
Piramal Pharma Ltd. engages in development and manufacturing of pharmaceutical products. The company operates approximately 17 development and manufacturing facilities across India, the United Kingdom/Europe, and North America. The company has a commercial presence in over 100 countries. The firm operates under three business verticals: Piramal Pharma Solutions (PPS), an integrated Contract Development and Manufacturing Organization (CDMO); Piramal Critical Care (PCC), a Complex Hospital Generics (CHG) business; and Piramal Consumer Healthcare business, selling over-the-counter products. PPS caters to both drug substances - Active Pharmaceutical Ingredients (APIs), and drug products (formulations). PCC's complex hospital product portfolio comprises hospital-focused products in the areas of inhalation anesthesia, intrathecal therapy, injectable anesthesia and pain management, and other generic and specialty products.
Piramal Pharma Ltd PPLPHARMA.NS
₹200.52 ₹5.04 (2.58%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
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PPLPHARMA.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Piramal Pharma Ltd is classified as halal.
HALAL
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FAQ's for Piramal Pharma Ltd (PPLPHARMA.NS)
As of October 2026, Piramal Pharma Ltd PPLPHARMA.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 Piramal Pharma Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Piramal Pharma 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 Piramal Pharma 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 Piramal Pharma 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 Piramal Pharma 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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