No. As of October 2026, RattanIndia Power Ltd (RTNPOWER.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. RattanIndia Power Ltd does not pass Musaffa's business and financial screening criteria.
RattanIndia Power Ltd. engages in the development, operation and maintainance of coal based thermal power projects. The firm is principally engaged in the business of dealing in power generation, distribution, trading and transmission, and other ancillary and incidental activities. The Company’s thermal power projects include Amravati Thermal Power Project and Nasik Thermal Power Project. Its Amravati Thermal Power Project is a coal-based thermal power plant spread over an area of approximately 1,350 acres at Nandgaonpeth, 13 kilometers from Amravati city, Maharashtra in India. The Amravati Plant comprises approximately five units of over 270 megawatts with a total installed capacity of 1,350 megawatts. Amravati Thermal Power Plant also comprises a residential township for its personnel. The Nashik Thermal Power Project is situated near Sinnar, approximately 40 kilometers from Nashik city in Maharashtra, India. The plant, spread over an area of approximately 1,040 acres, has an installed capacity of over 1,350 megawatts.
RattanIndia Power Ltd RTNPOWER.NS
₹6.75 ₹0.04 (0.60%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
Pricing for IN stocks is delayed by 24 hours
RTNPOWER.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, RattanIndia Power Ltd is classified as not halal.
NOT HALAL
RattanIndia Power Ltd (RTNPOWER.NS) Chart
Fetching Price Chart...
Financial Metrics & Statements of RattanIndia Power Ltd (RTNPOWER.NS)
FAQ's for RattanIndia Power Ltd (RTNPOWER.NS)
As of October 2026, RattanIndia Power Ltd RTNPOWER.NS is classified as not 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 RattanIndia Power Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in RattanIndia Power 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 RattanIndia Power 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 RattanIndia Power 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 RattanIndia Power Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for RattanIndia Power Ltd (RTNPOWER.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.