No. As of October 2026, Quadpro Ites Ltd (QUADPRO.NS) is classified as DOUBTFUL by Musaffa under its AAOIFI-based Shariah screening methodology. Quadpro Ites Ltd does not fully pass Musaffa's business and financial screening criteria.
Quadpro ITeS Ltd. engages in the provision of banking back-end processing and cheque truncation system solutions. The company is headquartered in Bangalore, Karnataka and currently employs 81 full-time employees. The company went IPO on 2021-09-30. The firm provides banking back-end processing solutions and a cheque truncation system (CTS) solution to a consortium of banks in South India. The company provides end-to-end solutions to customers in the banking, insurance and telecom domains. The company also provides a range of desktops, servers and scanners as part of the solution. The company offers image-based cheque clearing solutions through the QuadQuick CTS product. The company also offers document capture, storage and retrieval and enterprise-wide document management systems (DMS) solutions through the QuadScan application. The company provides backend support to telecom domain companies through QuadComm products. Its services include application integration, onsite consulting, project management, business analysis, and technical support services. Its managed services include inward/outward image-based cheque processing and document management services.
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Quadpro Ites Ltd QUADPRO.NS
₹4.00
Last Updated: Oct 14, 12:00 AM·NSE
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QUADPRO.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Quadpro Ites Ltd is classified as doubtful.
DOUBTFUL
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FAQ's for Quadpro Ites Ltd (QUADPRO.NS)
As of October 2026, Quadpro Ites Ltd QUADPRO.NS is classified as doubtful 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 Quadpro Ites Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Quadpro Ites 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 Quadpro Ites 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 Quadpro Ites 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 Quadpro Ites 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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