No. As of October 2026, Satin Creditcare Network Ltd (SATIN.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Satin Creditcare Network Ltd does not pass Musaffa's business and financial screening criteria.
Satin Creditcare Network Ltd. is a non-banking financial company, which engages in the provision financial services. The firm is engaged in providing micro-finance services to women in the rural areas of India who are enrolled as members and organized as joint liability groups (JLG). Its business is primarily based on the JLG, which allows it to provide collateral-free, microcredit facilities to economically active women in both rural and semi-urban areas. Its products include income generation loan (IGL), Lending to Corporate Institutions & Micro Finance Companies, micro, small and medium enterprise (MSME) Loan, and water, sanitation and hygiene loan (WASH). Its MSME loans are focused on lending to merchants, retailers, service providers, salaried and self-employed professionals, and Agri business. Its loan products cover a range of household appliances, solar, mobile phones, and cycles. The firm's subsidiaries include Satin Housing Finance Limited and Satin Finserv Limited.
Satin Creditcare Network Ltd SATIN.NS
₹223.87 ₹6.15 (2.82%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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SATIN.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Satin Creditcare Network Ltd is classified as not halal.
NOT HALAL
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FAQ's for Satin Creditcare Network Ltd (SATIN.NS)
As of October 2026, Satin Creditcare Network Ltd SATIN.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 Satin Creditcare Network Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Satin Creditcare Network 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 Satin Creditcare Network 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 Satin Creditcare Network 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 Satin Creditcare Network Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.