Saakshi Medtech and Panels Ltd SAAKSHI.NS
₹377.00 ₹7.00 (1.89%) 1D
Last Updated: Oct 16, 12:00 AM·NSE
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Is Saakshi Medtech and Panels Ltd Stock Halal?
Shariah Compliance Analysis of SAAKSHI.NS Stock
India Industrials Micro Cap Yes. As of October 2026, Saakshi Medtech and Panels Ltd (SAAKSHI.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Saakshi Medtech and Panels Ltd passes Musaffa's business and financial screening criteria.
Saakshi Medtech & Panels Ltd. manufactures medical devices, electrical control panels and fabricated components for locomotives. The company is headquartered in Pune, Maharashtra. The company went IPO on 2023-10-03. The firm operates in three different business verticals, namely the medical industry, electrical industry and mechanical industry. Its solutions include Electrical LT Panels, Medical Devices, Wiring Harnesses, and Mechanical HLA assemblies. Its Medical Devices include medical diagnostic analogue and digital x-ray machines ranging from 60, 100, 300 and 500 mA Low frequency and high-frequency products. Its Wiring Harnesses solutions include an automatic cutting and wire stripping machine, automatic crimping machine for making power and control harnesses ranging from 0.5 to 240 square millimeter cables. The company offers product engineering using Solidworks and Eplan; Electrostatic and conventional coating processes, and Zirconium-based pre-treatment (Nano coating).
SAAKSHI.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Saakshi Medtech and Panels Ltd is classified as halal.
HALALSaakshi Medtech and Panels Ltd (SAAKSHI.NS) Chart
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Financial Metrics & Statements of Saakshi Medtech and Panels Ltd (SAAKSHI.NS)
FAQ's for Saakshi Medtech and Panels Ltd (SAAKSHI.NS)
- As of October 2026, Saakshi Medtech and Panels Ltd SAAKSHI.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 Saakshi Medtech and Panels Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Saakshi Medtech and Panels 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 Saakshi Medtech and Panels 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 Saakshi Medtech and Panels 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 Saakshi Medtech and Panels 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 Saakshi Medtech and Panels Ltd (SAAKSHI.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
