Is Race Eco Chain Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Race Eco Chain Ltd (RACE.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Race Eco Chain Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Race Eco Chain Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Race Eco Chain Ltd?

Muslim investors may consider investing in Race Eco Chain 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.

Why is Race Eco Chain Ltd classified as HALAL?

Musaffa determines the Shariah status of Race Eco Chain Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Race Eco Chain Ltd updated?

The Shariah compliance status of Race Eco Chain Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Race Eco Chain Ltd become non-compliant?

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.

Where can I check the Shariah status of Race Eco Chain Ltd?

You can check the latest Shariah compliance status of Race Eco Chain Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

RACE.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 04, 2026

Report Source: 2026 2nd Quarter Report

Race Eco Chain Ltd. Stock Analysis RACE.NS

India Industrials Nano Cap Report: Q2, 2026

Race Eco Chain Ltd. engages in the business of Plastic Waste , Home furnishing, Madeup, Bags & Garments and Briquettes. The company is headquartered in Ghaziabad, Uttar Pradesh and currently employs 61 full-time employees. The company went IPO on 2014-03-18. The company is engaged in the business of collection, segregation, transportation, trading, processing, composting, recycling, treatment and disposal of all types of waste and to carry on the business of collection, segregation, storage, transportation, trading, processing, composting, recycling, treatment and disposal of all types of scrap and by-products. Its segments include Recycle division, Restore division, Biomass division, and Other waste division. The company is involved in multiple waste types, such as polyethylene terephthalate (PET) Plastic Bottle Waste, Non-PET Plastic Recycling, Wastepaper, and Metal Waste. The company delivers sustainable biomass fuel for the industries through Mustard Briquettes, Sawdust Briquettes, and Groundnut Briquettes. The company provides Artificial Intelligence (AI) enabled app that uses blockchain for transactions to connect buyers and sellers. Its RACE Eco chain is involved in the aggregation of plastic waste and products.

Key Statistics of Race Eco Chain Ltd (RACE.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹121.00₹123.80

Today's Open

₹121.58

Volume

3827.00

P/E Ratio (TTM)

53.75

52 Week Range

₹84.11₹280.25

Market Cap

2.16B

Avg. Volume

11.69K

Dividend Yield

Financial Metrics & Statements of Race Eco Chain Ltd (RACE.NS)

FAQ's for Race Eco Chain Ltd (RACE.NS)

According to Musaffa’s Shariah screening methodology, Race Eco Chain Ltd (RACE.NS) is currently classified as HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.