No. As of October 2026, Quality Foils (India) Ltd (QFIL.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Quality Foils (India) Ltd does not pass Musaffa's business and financial screening criteria.
Quality Foils (India) Ltd. engages in the manufacture and export of cold rolled stainless steel precision strips and coils. The company is headquartered in Hisar, Haryana. The company went IPO on 2023-03-24. The firm supplies its products, such as cold rolled stainless steel coils/strips for the manufacture of SS tube/pipe, utensils, cutlery, kitchen sinks, stainless steel flexible hoses and automobile components; and flexible hose pipes for applications, such as high temp and medium pressure for hydraulic oil, hot water, steam and gas applications, chemical resistant, exhaust systems of steel, power, petrochemical, sugar, automobile, and many other heavy engineering sectors. The firm sells its products both in the domestic and in the international markets. The firm exports its products to various countries, including Germany, the United Kingdom (UK), the Philippines, Sri Lanka, Turkey, Poland, and Bogota, Colombia.
Quality Foils (India) Ltd QFIL.NS
₹49.50 ₹0.05 (0.10%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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QFIL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Quality Foils (India) Ltd is classified as not halal.
NOT HALAL
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FAQ's for Quality Foils (India) Ltd (QFIL.NS)
As of October 2026, Quality Foils (India) Ltd QFIL.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 Quality Foils (India) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Quality Foils (India) 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 Quality Foils (India) 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 Quality Foils (India) 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 Quality Foils (India) 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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