Safari Industries (India) Ltd. engages in the manufacture and sale of luggage and luggage accessories. The company is headquartered in Mumbai, Maharashtra and currently employs 1,059 full-time employees. The company went IPO on 2019-09-12. The firm is engaged in the manufacturing and marketing of luggage and luggage accessories. There are two broad categories of luggage: hard luggage and soft luggage. Hard luggage is primarily made of Polypropylene (PP) and Polycarbonate (PC). Soft luggage is made from various types of fabric. The firm's business activity falls under an operating segment: luggage business. Its product portfolio includes trolley bags, backpack suitcases, satchel bags with laptop sleeves, laptop backpacks, duffle bags, school backpacks, anti-theft trolley bags, neck pillows, sling bags, travel rucksacks, messenger bags, formal backpacks, passport wallets, and others. The firm's subsidiaries, Safari Manufacturing Limited and Safari Lifestyles Limited, are engaged in the manufacturing and distribution of luggage and luggage accessories. The firm's manufacturing facilities are located in Panchmahal district, Gujarat.
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FAQ's for Safari Industries (India) Ltd (SAFARI.NS)
As of August 2026, Safari Industries (India) Ltd SAFARI.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 Safari Industries (India) Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Safari Industries (India) 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 Safari Industries (India) 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 Safari Industries (India) 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 Safari Industries (India) 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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