Shariah Compliance Analysis of SHANTIGOLD.NS Stock
India Consumer Discretionary Micro Cap
No. As of October 2026, Shanti Gold International Ltd (SHANTIGOLD.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Shanti Gold International Ltd does not pass Musaffa's business and financial screening criteria.
Shanti Gold International Ltd. engages in the busniess of manufacturing and trading of gold and silver jewelry. The company is headquartered in Mumbai, Maharashtra and currently employs 225 full-time employees. The company went IPO on 2025-08-01. The firm specializes in the design and production of all types of gold jewelry. The firm offers a wide range of intricately designed pieces, including bangles, rings, necklaces, and complete jewelry sets across various price points ranging from jewelry for special occasions, such as weddings, to festive and daily-wear jewelry. The firm has operations across Mumbai, Bangalore, Chennai, Hyderabad, Tamil Nadu, Andhra Pradesh, Karnataka, Telangana, Gujarat and Madhya Pradesh.
Shanti Gold International Ltd SHANTIGOLD.NS
₹387.90 ₹3.05 (0.78%) 1D
Last Updated: Oct 14, 12:00 AM·NSE
Pricing for IN stocks is delayed by 24 hours
SHANTIGOLD.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Shanti Gold International Ltd is classified as not halal.
NOT HALAL
Shanti Gold International Ltd (SHANTIGOLD.NS) Chart
Fetching Price Chart...
Financial Metrics & Statements of Shanti Gold International Ltd (SHANTIGOLD.NS)
FAQ's for Shanti Gold International Ltd (SHANTIGOLD.NS)
As of October 2026, Shanti Gold International Ltd SHANTIGOLD.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 Shanti Gold International Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Shanti Gold International 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 Shanti Gold International 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 Shanti Gold International 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 Shanti Gold International 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 Shanti Gold International Ltd (SHANTIGOLD.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.