Yes. As of October 2026, Shilpa Medicare Ltd (SHILPAMED.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Shilpa Medicare Ltd passes Musaffa's business and financial screening criteria.
Shilpa Medicare Ltd. engages in the manufacturing of pharmaceutical products and wind power generation. The company is headquartered in Raichur, Karnataka and currently employs 898 full-time employees. The firm is engaged in the manufacturing of active pharmaceutical ingredients (APIs), formulation and development service. The company is engaged in APIs, intermediates, formulations, new drug delivery systems, peptides / biotech products and specialty chemicals, and others. The firm supplies more than 30 oncology APIs including key products such as Capecitabine, Gemcitabine Hydrochloride, Pemetrexed, Axitinib, Erlotinib Hydrochloride and Irinotecan Hydrochloride for various international markets including United States of America, Europe, Japan, South Korea, Russia, Mexico, Brazil, and other emerging markets. Its non-Oncology API products include Ambroxol (Mucolytic agent), Tranexmic Acid and Ursodeoxycholic Acid. Its Injectable Dosage Forms include Myelodysplastic Syndrome, Breast Cancer, Multiple Myeloma, and more. Its Oral Solid Dosage Forms include Psoriasis, Prostate Cancer, Multiple Sclerosis, and others.
Shilpa Medicare Ltd SHILPAMED.NS
₹1,021.70 ₹3.70 (0.36%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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SHILPAMED.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Shilpa Medicare Ltd is classified as halal.
HALAL
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FAQ's for Shilpa Medicare Ltd (SHILPAMED.NS)
As of October 2026, Shilpa Medicare Ltd SHILPAMED.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 Shilpa Medicare Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Shilpa Medicare 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 Shilpa Medicare 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 Shilpa Medicare 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 Shilpa Medicare 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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