Shiva Texyarn Ltd SHIVATEX.NS
₹165.11 ₹0.08 (0.05%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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Is Shiva Texyarn Ltd Stock Halal?
Shariah Compliance Analysis of SHIVATEX.NS Stock
India Consumer Discretionary Nano Cap No. As of October 2026, Shiva Texyarn Ltd (SHIVATEX.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Shiva Texyarn Ltd does not pass Musaffa's business and financial screening criteria.
Shiva Texyarn Ltd. engages in the manufacture and market of cotton yarn, laminated fabric, and garments. The firm has an installed capacity of approximately 52,416 spindles near Coimbatore. The company is also engaged in the technical textile business of manufacturing of coating and laminated fabrics, which serves home textile, digital imaging, baby and adult mattress protection, defense, medical, and allied customer categories. Its division includes Spinning Mill, Processing division, Lamination division, Coating division, and Garment division. Garment Division produces inner ware and outwear. The coating division provides acrylic-coated products, PU coating, art canvas and digital canvas products. Its brands include Quick Dry, Quick Fit, Q Club, Paw Paw, Medic Masks, Medic Virostat, Stylfin, and Indishape.
SHIVATEX.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Shiva Texyarn Ltd is classified as not halal.
NOT HALALShiva Texyarn Ltd (SHIVATEX.NS) Chart
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Financial Metrics & Statements of Shiva Texyarn Ltd (SHIVATEX.NS)
FAQ's for Shiva Texyarn Ltd (SHIVATEX.NS)
- As of October 2026, Shiva Texyarn Ltd SHIVATEX.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 Shiva Texyarn Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Shiva Texyarn 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 Shiva Texyarn 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 Shiva Texyarn 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 Shiva Texyarn 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 Shiva Texyarn Ltd (SHIVATEX.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
