Sky Gold and Diamonds Ltd SKYGOLD.NS
₹921.00 ₹33.00 (3.72%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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Is Sky Gold and Diamonds Ltd Stock Halal?
Shariah Compliance Analysis of SKYGOLD.NS Stock
India Consumer Discretionary Small Cap No. As of October 2026, Sky Gold and Diamonds Ltd (SKYGOLD.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sky Gold and Diamonds Ltd does not pass Musaffa's business and financial screening criteria.
Sky Gold & Diamonds Ltd. engages in designing, manufacturing, and marketing of gold jewelry. The company is headquartered in Mumbai, Maharashtra and currently employs 780 full-time employees. The company went IPO on 2018-10-03. The firm is engaged in the business of designing, manufacturing and marketing of gold jewelries. The firm offers a wide variety of designs to suit the preferences of the end customer. The company provides an extensive range of designs and also uses studded American diamonds and/or colored stones in many of their jewelry products. The company offers a wide range of products, from gold jewelry for special occasions such as weddings and festivals to daily wear jewelry for all ages genders and at various price points. The product range includes necklaces, rings, pendants, bracelets, earrings, and bangles and customized jewelry based on customer demand. Its collection includes Rangi, Marisa, Saathiya, Sovana, and Misha. The firm caters to a variety of customers across mid-market and value market segments and its products. Its manufacturing unit is located in Mumbai City in Mulund (West) where it casts its jewelry.
SKYGOLD.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Sky Gold and Diamonds Ltd is classified as not halal.
NOT HALALSky Gold and Diamonds Ltd (SKYGOLD.NS) Chart
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Financial Metrics & Statements of Sky Gold and Diamonds Ltd (SKYGOLD.NS)
FAQ's for Sky Gold and Diamonds Ltd (SKYGOLD.NS)
- As of October 2026, Sky Gold and Diamonds Ltd SKYGOLD.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 Sky Gold and Diamonds Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Sky Gold and Diamonds 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 Sky Gold and Diamonds 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 Sky Gold and Diamonds 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 Sky Gold and Diamonds 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 Sky Gold and Diamonds Ltd (SKYGOLD.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
