Is Salona Cotspin Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Salona Cotspin Ltd (SALONA.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Salona Cotspin Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Salona Cotspin Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Salona Cotspin Ltd?

Muslim investors may consider investing in Salona Cotspin 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.

Why is Salona Cotspin Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Salona Cotspin Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Salona Cotspin Ltd updated?

The Shariah compliance status of Salona Cotspin Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Salona Cotspin Ltd become non-compliant?

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.

Where can I check the Shariah status of Salona Cotspin Ltd?

You can check the latest Shariah compliance status of Salona Cotspin Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Salona Cotspin Ltd SALONA.NS

₹289.95 ₹17.95 (6.60%) 1D

Last Updated: May 15, 12:00 AM·NSE

SALONA.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 16, 2026

Report Source: 2026 2nd Quarter Report

Salona Cotspin Ltd. Stock Analysis SALONA.NS

India Consumer Discretionary Nano Cap Report: Q2, 2026

Salona Cotspin Ltd. engages in the manufacture and sale of textiles. The company is headquartered in Erode, Tamil Nadu and currently employs 356 full-time employees. Its products are marketed in both domestic and international markets. The firm operates through the Textiles segment. Its manufacturing facilities consist of Ring spinning, Open End Spinning, Knitting and Garmenting. Its yarns are crafted from environmentally friendly materials such as bamboo, organic cotton and recycled fiber. Its yarn product range includes Ring Spun Yarn, Compact Yarn, Open end Yarn, Blend Yarn, Melange Yarn, Slub Yarn and Organic Yarn, among others. The Company’s grey fabrics cater to daily wear, leisure wear and outerwear ranges. The company is a supplier of all kinds of Printed and Dyed Fabrics and are made of natural fibers, synthetic yarns or filament yarns. Its fabric product range includes single jersey, interlock / double knit, fleece 2/3 thread, full / mini jacquard, and French terry, among others.

Key Statistics of Salona Cotspin Ltd (SALONA.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹266.35₹289.95

Today's Open

₹272.00

Volume

822.00

P/E Ratio (TTM)

48.70

52 Week Range

₹221.00₹318.80

Market Cap

1.48B

Avg. Volume

1624.38

Dividend Yield

0.34%

Financial Metrics & Statements of Salona Cotspin Ltd (SALONA.NS)

FAQ's for Salona Cotspin Ltd (SALONA.NS)

According to Musaffa’s Shariah screening methodology, Salona Cotspin Ltd (SALONA.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.