No. As of October 2026, Spacenet Enterprises India Ltd (SPCENET.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Spacenet Enterprises India Ltd does not pass Musaffa's business and financial screening criteria.
Spacenet Enterprises India Ltd. engages in the development of software tools and platforms for the provision of fast, flexible and reliable commodities trading tools to invest, acquire, trade and deal in gold, and other commodities. The company is headquartered in Hyderabad, Telangana and currently employs 18 full-time employees. The company went IPO on 2013-11-12. The Company’s segments include Trading of commodities and Services Income. The firm is also engaged in the design and development of software tools and platforms providing solutions for commodities trading. The company invests, acquires, and deals in gold, all types of bullion, jewels, gemstones, ornaments and commodities of all kinds, agricultural or otherwise, finished or unfinished goods. The Company’s TradFi solution uses technology and offers end-to-end supply chain solutions. The TradFi solution covers foreign exchange (Fx) risk and arranges import/export supply chain finance. The firm also offers buyers credit/suppliers credit from banks. The company also acts as a dealer, re-sellers, house and estate agents, lessors, builders, developers, advisers, in real estate, immovable, and movable properties.
Spacenet Enterprises India Ltd SPCENET.NS
₹3.26 ₹0.07 (2.10%) 1D
Last Updated: Oct 13, 12:00 AM·NSE
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SPCENET.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Spacenet Enterprises India Ltd is classified as not halal.
NOT HALAL
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FAQ's for Spacenet Enterprises India Ltd (SPCENET.NS)
As of October 2026, Spacenet Enterprises India Ltd SPCENET.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 Spacenet Enterprises India Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Spacenet Enterprises 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.
Musaffa determines the Shariah status of Spacenet Enterprises India 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 Spacenet Enterprises India 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 Spacenet Enterprises India 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 Spacenet Enterprises India Ltd (SPCENET.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.