No. As of October 2026, Synergy Green Industries Ltd (SGIL.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Synergy Green Industries Ltd does not pass Musaffa's business and financial screening criteria.
Synergy Green Industries Ltd. engages in manufactures and exports cast, pig iron, and pneumatic tools. The company is headquartered in Kolhapur, Maharashtra and currently employs 201 full-time employees. The company went IPO on 2018-09-21. The firm is engaged in manufacturing of wind turbine casting and other large precision castings. The company operates through the Manufacturing of Metal Castings segment. The company produces SG iron, grey iron and steel castings for wind turbines, wind gear box and general engineering industries like mining, pumps and plastic injection parts in the weight range of three to 30 metric tons with a capacity of 30,000 MT. The firm also manufactures and supplies graded grey iron, spheroidal graphite iron, and steel castings in raw and machined condition. The firm's products include Main Frame, Bearing Housing, Hollow Shaft, Main Axle, Main Bearing Housing, Pillow Block, Rotor Bearing Housing, Gear Box Housin, Gear Box Planet Carrier, Gear Box Bearing Flange, and others. Its products also include Clamp Cylinder, Compressor Cylinder, Crusher MVP Base Frame, Crusher Upper Frame, and Platen Moving.
Synergy Green Industries Ltd SGIL.NS
₹601.15 ₹13.85 (2.25%) 1D
Last Updated: Oct 13, 12:00 AM·NSE
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SGIL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Synergy Green Industries Ltd is classified as not halal.
NOT HALAL
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FAQ's for Synergy Green Industries Ltd (SGIL.NS)
As of October 2026, Synergy Green Industries Ltd SGIL.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 Synergy Green Industries Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Synergy Green Industries 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 Synergy Green Industries 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 Synergy Green Industries 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 Synergy Green Industries 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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