Yes. As of October 2026, Shaily Engineering Plastics Ltd (SHAILY.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Shaily Engineering Plastics Ltd passes Musaffa's business and financial screening criteria.
Shaily Engineering Plastics Ltd. engages in the business of manufacturing customized components made up of plastic and other materials. The firm is engaged in the manufacture and sale of customized components made up of plastic and other materials. The company manufactures value-added products from engineering plastics that find application in sectors such as consumer-home furnishings, medical devices, fast-moving consumer goods (FMCG), pharma packaging, automotive, consumer electronics, and others. Its diversified business platform includes Healthcare, Consumer, and Industrial. Its healthcare division has developed a portfolio of medical and drug delivery injectable devices, including pen injectors, auto-injectors, wearable injectors, and other specialty devices. Its consumer division consists of home furnishings, FMCG packaging, light-emitting diode lights, toys and carbon-steel furniture segments. Its industrial division comprises automotive components, appliances and high-performance engineering components.
Shaily Engineering Plastics Ltd SHAILY.NS
₹3,063.40 ₹0.40 (0.01%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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SHAILY.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Shaily Engineering Plastics Ltd is classified as halal.
HALAL
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FAQ's for Shaily Engineering Plastics Ltd (SHAILY.NS)
As of October 2026, Shaily Engineering Plastics Ltd SHAILY.NS is classified as 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 Shaily Engineering Plastics Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Shaily Engineering Plastics 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 Shaily Engineering Plastics 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 Shaily Engineering Plastics 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 Shaily Engineering Plastics 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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