Sel Manufacturing Company Ltd SELMC.NS
₹23.84 ₹0.18 (0.75%) 1D
Last Updated: Oct 05, 12:00 AM·NSE
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Is Sel Manufacturing Company Ltd Stock Halal?
Shariah Compliance Analysis of SELMC.NS Stock
India Consumer Discretionary Nano Cap No. As of October 2026, Sel Manufacturing Company Ltd (SELMC.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sel Manufacturing Company Ltd does not pass Musaffa's business and financial screening criteria.
SEL Manufacturing Co. Ltd. engages in the manufacture and process of textile products. The company employs 328 full-time employees The company went IPO on 2007-08-21. The firm is engaged in manufacturing various kinds of knitted garments, terry towels, knitted and processed fabric and various kinds of yarn with production facilities located in different parts of India. Its manufacturing plants are located in Lal Kalan village, near Neelon Canal Bridge, Ludhiana; Shekhan Majara village, Nawanshehar, and Mehatwara village, Sehore district, Madhya Pradesh. The Company’s subsidiary is SEL Aviation Private Limited.
SELMC.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Sel Manufacturing Company Ltd is classified as not halal.
NOT HALALSel Manufacturing Company Ltd (SELMC.NS) Chart
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Financial Metrics & Statements of Sel Manufacturing Company Ltd (SELMC.NS)
FAQ's for Sel Manufacturing Company Ltd (SELMC.NS)
- As of October 2026, Sel Manufacturing Company Ltd SELMC.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 Sel Manufacturing Company Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Sel Manufacturing Company 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 Sel Manufacturing Company 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 Sel Manufacturing Company 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 Sel Manufacturing Company 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 Sel Manufacturing Company Ltd (SELMC.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
