Rajnandini Metal Ltd RAJMET.NS
₹3.07 ₹0.01 (0.32%) 1D
Last Updated: Oct 12, 12:00 AM·NSE
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Is Rajnandini Metal Ltd Stock Halal?
Shariah Compliance Analysis of RAJMET.NS Stock
India Industrials Nano Cap Yes. As of October 2026, Rajnandini Metal Ltd (RAJMET.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Rajnandini Metal Ltd passes Musaffa's business and financial screening criteria.
Rajnandini Metal Ltd. engages in the trade of metal and metal ores. The company is headquartered in Rewari, Haryana and currently employs 191 full-time employees. The company went IPO on 2018-10-08. The company works as a crucial business interface, networking between manufacturers / processors / yards and consumers / traders worldwide. The Company’s products include copper rods, annealed bare copper wire, fine copper wire, bunched copper wire and submersible wire and flat cables. The company predominantly caters to the industrial requirements by manufacturing and supplying annealed bare copper wire. The company manufactures quality poly wrapped submersible winding wire under the brand name RML Wires & Cables. The firm provides its services to various industries, such as steel, automotive, light / heavy engineering, construction, chemical and the electronics industries.
RAJMET.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Rajnandini Metal Ltd is classified as halal.
HALALRajnandini Metal Ltd (RAJMET.NS) Chart
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Financial Metrics & Statements of Rajnandini Metal Ltd (RAJMET.NS)
FAQ's for Rajnandini Metal Ltd (RAJMET.NS)
- As of October 2026, Rajnandini Metal Ltd RAJMET.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 Rajnandini Metal Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Rajnandini Metal 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 Rajnandini Metal 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 Rajnandini Metal 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 Rajnandini Metal 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 Rajnandini Metal Ltd (RAJMET.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
