Refex Industries Ltd REFEX.NS
â‚ą254.40 â‚ą3.75 (1.45%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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Is Refex Industries Ltd Stock Halal?
Shariah Compliance Analysis of REFEX.NS Stock
India Industrials Small Cap Yes. As of October 2026, Refex Industries Ltd (REFEX.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Refex Industries Ltd passes Musaffa's business and financial screening criteria.
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.
REFEX.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Refex Industries Ltd is classified as halal.
HALALRefex Industries Ltd (REFEX.NS) Chart
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Financial Metrics & Statements of Refex Industries Ltd (REFEX.NS)
FAQ's for Refex Industries Ltd (REFEX.NS)
- As of October 2026, Refex Industries Ltd REFEX.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 Refex Industries Ltd using these criteria to determine its compliance status.
- 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.
- 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.
- The Shariah compliance status of Refex Industries 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 Refex Industries 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 Refex Industries Ltd (REFEX.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
