Is Shiv Aum Steels Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shiv Aum Steels Ltd (SHIVAUM.NS) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Shiv Aum Steels Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Shiv Aum Steels Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shiv Aum Steels Ltd?

Muslim investors may consider investing in Shiv Aum Steels 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.

Why is Shiv Aum Steels Ltd classified as HALAL?

Musaffa determines the Shariah status of Shiv Aum Steels Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Shiv Aum Steels Ltd updated?

The Shariah compliance status of Shiv Aum Steels Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Shiv Aum Steels Ltd become non-compliant?

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.

Where can I check the Shariah status of Shiv Aum Steels Ltd?

You can check the latest Shariah compliance status of Shiv Aum Steels Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Shiv Aum Steels Ltd SHIVAUM.NS

₹325.00

Last Updated: May 15, 12:00 AM·NSE

SHIVAUM.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 10, 2026

Report Source: 2026 3rd Quarter Report

Shiv Aum Steels Ltd. Stock Analysis SHIVAUM.NS

India Industrials Micro Cap Report: Q3, 2026

Shiv Aum Steels Ltd. engages in the business of iron and steel products. The company is headquartered in Mumbai, Maharashtra and currently employs 32 full-time employees. The company went IPO on 2019-10-01. The firm is primarily engaged in dealing in structural steel and expanding into plates and coils. The company offers trading in various mild steel products, such as beams, angles, plates, channels and thermo-mechanically treated (TMT) bars. Its products are made from 100% virgin steel, maintaining stringent tolerances both in chemistry and physical properties. The firm deals in products manufactured by steel players, such as Jindal Steel and Power Limited (JSPL), Steel Authority of India Ltd. (SAIL), Rashtriya Ispat Nigam Ltd. (RINL) and Monnet Ispat. The firm's primary godown is in Taloja. The firm has approximately five integrated steel plants, three special plants, and one subsidiary in different parts of the country.

Key Statistics of Shiv Aum Steels Ltd (SHIVAUM.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹325.00₹325.00

Today's Open

₹325.00

Volume

17.00

P/E Ratio (TTM)

52 Week Range

₹260.00₹375.40

Market Cap

4.80B

Avg. Volume

240.22

Dividend Yield

Financial Metrics & Statements of Shiv Aum Steels Ltd (SHIVAUM.NS)

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FAQ's for Shiv Aum Steels Ltd (SHIVAUM.NS)

According to Musaffa’s Shariah screening methodology, Shiv Aum Steels Ltd (SHIVAUM.NS) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.