Is Refex Industries Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Refex Industries Ltd (REFEX.NS) is currently classified as HALAL as of March 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 Refex Industries 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 Refex Industries Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Refex Industries Ltd?

Muslim investors may consider investing in Refex Industries 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 Refex Industries Ltd classified as HALAL?

Musaffa determines the Shariah status of Refex Industries 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 Refex Industries Ltd updated?

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

Can a halal stock like Refex Industries 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 Refex Industries Ltd?

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

REFEX.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 04, 2026

Report Source: 2026 3rd Quarter Report

Refex Industries Ltd. Stock Analysis REFEX.NS

India Industrials Small Cap Report: Q3, 2026

Refex Industries Ltd. engages in the distribution of refrigerant gases. The firm offers a range of non-ozone depleting refrigerant gases known as Hydrofluorocarbons (HFC), which are used in air conditioners, refrigerators and refrigerating equipment. The company is engaged in supplying automotive air conditioning gases in disposable cans. Its segments include Ash and Coal Handling businesses; Solar Power businesses that include generation and related activities; Refrigerant gas manufacturing; sale of services; Power trading, Green Mobility and other segments. Its refrigerant gases are primarily used as refrigerants, blowing agents and aerosol propellants. The company offers a full range of HFC products, which include R134a, R404a, R407c, R410a, R141b, R22, and R32. The company handles and disposes fly ash and provides round the clock services for coal yard management, shifting of uncrushed coal, and housekeeping works.

Key Statistics of Refex Industries Ltd (REFEX.NS)

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

Today's Range

₹258.80₹308.40

Today's Open

₹266.00

Volume

7.61M

P/E Ratio (TTM)

22.06

52 Week Range

₹188.00₹534.00

Market Cap

35.78B

Avg. Volume

782.00K

Dividend Yield

0.18%

Financial Metrics & Statements of Refex Industries Ltd (REFEX.NS)

FAQ's for Refex Industries Ltd (REFEX.NS)

According to Musaffa’s Shariah screening methodology, Refex Industries Ltd (REFEX.NS) is currently classified as HALAL as of March 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.