Yes. As of October 2026, SML Mahindra Limited (SMLISUZU.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SML Mahindra Limited passes Musaffa's business and financial screening criteria.
SML Mahindra Ltd. engages in the manufacture and sale of commercial vehicles and spare parts. The company is headquartered in Chandigarh, Chandigarh and currently employs 990 full-time employees. The firm's product categories include buses, trucks, and special applications vehicles. Its bus portfolio includes S7 School Bus, Executive LX School Bus, Hiroi School Bus, SML School Bus, Ecomax School Bus, S7 Bus, and Executive LX. Its truck portfolio includes Sartaj 5252 Diesel, Sartaj GS 59 Diesel, Sartaj HG 72 Diesel, Super Tipper, Supreme GS, Prestige Diesel, Sartaj 5252 CNG, Sartaj GS 59 CNG, Prestige CNG, Supreme Metro, and others. Its special application vehicles include Police Van, Police Van 4WD, Service Van, Ambulance, Garbage Collector, Prison Van, Vajra Van, Close Container, Water Tanker, Water Tanker 4WD, Dog Van, and others. The company serves various industries, including fleet owners, educational institutions, offices, transporters, Government agencies, and others.
SML Mahindra Limited SMLISUZU.NS
₹3,675.10 ₹133.90 (3.52%) 1D
Last Updated: Mar 13, 12:00 AM·NSE
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SMLISUZU.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, SML Mahindra Limited is classified as halal.
HALAL
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FAQ's for SML Mahindra Limited (SMLISUZU.NS)
As of October 2026, SML Mahindra Limited SMLISUZU.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 SML Mahindra Limited using these criteria to determine its compliance status.
Muslim investors may consider investing in SML Mahindra Limited 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 SML Mahindra Limited 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 SML Mahindra Limited 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 SML Mahindra Limited 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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