Yes. As of October 2026, Saatvik Green Energy Ltd (SAATVIKGL.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Saatvik Green Energy Ltd passes Musaffa's business and financial screening criteria.
Saatvik Green Energy Ltd. engages in manufacturing solar PV modules. The company is headquartered in Gurgaon, Haryana and currently employs 566 full-time employees. The company went IPO on 2025-09-26. The firm's solar energy products include monocrystalline passive emitter and rear cell modules, and N-TopCon solar modules, both types are offered in mono-facial and bifacial options, suitable for various applications, including residential, commercial and utility scale solar projects. The company manufactures its products through the use of M10 technology for its Mono PERC modules and M10, G12, M10R and G12R technologies for its N-TopCon modules. Its EPC vertical, it provides comprehensive solar solutions, managing projects from concept through to execution. Its services encompass design and engineering, utilizing tools, such as hydraulic powering 940-220 and M12 hydraulic tool meishan as well as procurement, construction and commissioning. The company also provides operations and maintenance services to customers primarily in relation to the EPC projects undertaken by it.
Saatvik Green Energy Ltd SAATVIKGL.NS
₹401.00 ₹5.70 (1.40%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
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SAATVIKGL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Saatvik Green Energy Ltd is classified as halal.
HALAL
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FAQ's for Saatvik Green Energy Ltd (SAATVIKGL.NS)
As of October 2026, Saatvik Green Energy Ltd SAATVIKGL.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 Saatvik Green Energy Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Saatvik Green Energy 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 Saatvik Green Energy 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 Saatvik Green Energy 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 Saatvik Green Energy Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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