Is Shahjibazar Power Co Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Shahjibazar Power Co Ltd (SPCL.DS) is currently classified as 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 Shahjibazar Power Co 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 Shahjibazar Power Co Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Shahjibazar Power Co Ltd?

Muslim investors may consider investing in Shahjibazar Power Co 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 Shahjibazar Power Co Ltd classified as HALAL?

Musaffa determines the Shariah status of Shahjibazar Power Co 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 Shahjibazar Power Co Ltd updated?

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

Can a halal stock like Shahjibazar Power Co 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 Shahjibazar Power Co Ltd?

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

Shahjibazar Power Co Ltd SPCL.DS

SPCL.DS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: February 06, 2026

Report Source: 2026 2nd Quarter Report

Shahjibazar Power Co Ltd. Stock Analysis SPCL.DS

Bangladesh Utilities Micro Cap Report: Q2, 2026

Shahjibazar Power Co. Ltd. engages in production of electricity from natural gas. The principal activity of the Company is to set up power plants for the generation and supply of electricity. The firm produces electricity from natural gas and supplies it to the Bangladesh Power Development Board (BPDB). The firm has an approximately 86-megawatt (MW) power plant. The plant is located at Fatepur, Madhobpur, Hobigonj, Bangladesh. The firm's subsidiary is Petromax Refinery Ltd (PRL), which is engaged in the production and supplying of petroleum products like liquid petroleum gas, special boiling point solvent, mineral turpentine, high speed diesel, octane, kerosene, and fuel gas to Bangladesh Petroleum Corporation. The Company’s associate is Midland Power Co. Ltd.

Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

Shahjibazar Power Co Ltd SPCL.DS

HALAL

Shahjibazar Power Co Ltd. Stock Analysis SPCL.DS

Shariah Compliance Report

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