Is Solar Industries India Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Solar Industries India Ltd (SOLARINDS.NS) is currently classified as NOT HALAL as of February 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 Solar Industries India 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 Solar Industries India Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Solar Industries India Ltd?

Muslim investors may consider investing in Solar Industries India 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 Solar Industries India Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Solar Industries India 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 Solar Industries India Ltd updated?

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

Can a halal stock like Solar Industries India 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 Solar Industries India Ltd?

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

SOLARINDS.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 12, 2026

Report Source: 2026 3rd Quarter Report

Solar Industries India Ltd. Stock Analysis SOLARINDS.NS

India Materials Large Cap Report: Q3, 2026

Solar Industries India Ltd. engages in the designing, manufacturing, supply and export of industrial explosives, initiating systems and space sector. The firm is primarily involved in the manufacturing of complete range of industrial explosives and explosive initiating devices. Its segment is Explosives and its accessories. The firm's products include industrial explosives and defense. Its industrial explosives products include packaged emulsion explosives, bulk explosives and explosive initiating systems. Its industrial explosives include superpower 90, solargel, solar prime, solar prime gold, Eco Power, and others. The firm's defense products include high energy materials, such as HMX, RDX, TNT and their compounds; composite propellants for Pinaka, Akash, Brahmos, PSOMXL and Skyroot, among others; 30 mm ammunition, multi-mode hand grenade, mines, warheads, bund blasting device; artillery fuses, ASW fuses, Pyros and igniters; chaff payloads; loitering munition; rocket integration, and explosives filling of ammunition.

Key Statistics of Solar Industries India Ltd (SOLARINDS.NS)

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

Today's Range

₹16,323.00₹17,469.00

Today's Open

₹16,740.00

Volume

562.70K

P/E Ratio (TTM)

118.04

52 Week Range

₹11,646.00₹17,820.00

Market Cap

1.40T

Avg. Volume

139.16K

Dividend Yield

0.06%

Financial Metrics & Statements of Solar Industries India Ltd (SOLARINDS.NS)

FAQ's for Solar Industries India Ltd (SOLARINDS.NS)

According to Musaffa’s Shariah screening methodology, Solar Industries India Ltd (SOLARINDS.NS) is currently classified as NOT HALAL as of February 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.