Samay Project Services Ltd SAMAY.NS
₹44.25
Last Updated: Oct 07, 12:00 AM·NSE
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Is Samay Project Services Ltd Stock Halal?
Shariah Compliance Analysis of SAMAY.NS Stock
India Industrials Nano Cap No. As of October 2026, Samay Project Services Ltd (SAMAY.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Samay Project Services Ltd does not pass Musaffa's business and financial screening criteria.
Samay Project Services Ltd. engages in the provision of engineering, procurement, and construction services. The company is headquartered in Chennai, Tamil Nadu and currently employs 179 full-time employees. The company went IPO on 2025-06-23. The firm is engaged in providing engineering, procurement and construction (EPC) services. The company is in the business of design, engineering, supply, fabrication, erection and commissioning of low pressure (LP) piping and appurtenances, hydrocarbon pipelines, fuel oil handling, tanks and vessels, fabricated structures and fire protection and detection systems. The Company’s services include fire detection and suppression systems, piping and appurtenances, storage tanks, cross country water and hydrocarbon pipelines, system automation, and EPC of BioCNG projects. The company also takes up total turnkey engineering and execution of BioCNG Projects. Its fire detection and protection systems comprise fire hydrant systems, high velocity and medium velocity spray systems, sprinkler systems, foam, clean agent, inert gas and water mist fire suppression systems. The company also designs and engineers the storage tanks as per API 650 and IS 803 standards.
SAMAY.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Samay Project Services Ltd is classified as not halal.
NOT HALALSamay Project Services Ltd (SAMAY.NS) Chart
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Financial Metrics & Statements of Samay Project Services Ltd (SAMAY.NS)
FAQ's for Samay Project Services Ltd (SAMAY.NS)
- As of October 2026, Samay Project Services Ltd SAMAY.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 Samay Project Services Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Samay Project Services 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 Samay Project Services 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 Samay Project Services 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 Samay Project Services 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 Samay Project Services Ltd (SAMAY.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
