SPP Polymer Ltd SPPPOLY.NS
₹11.25 ₹0.75 (6.25%) 1D
Last Updated: Oct 15, 12:00 AM·NSE
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Is SPP Polymer Ltd Stock Halal?
Shariah Compliance Analysis of SPPPOLY.NS Stock
India Materials Nano Cap Yes. As of October 2026, SPP Polymer Ltd (SPPPOLY.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. SPP Polymer Ltd passes Musaffa's business and financial screening criteria.
SPP Polymer Ltd. engages in the manufacture of woven fabric and bags, non-woven fabric and bags, and PP multifilament yarn. The company is headquartered in Rudrapur, Uttaranchal and currently employs 355 full-time employees. The company went IPO on 2024-09-17. The firm also provides customized solutions as per the specifications detailed by its clients. The company has an installed capacity of HDPE/PP Woven Fabric and bags 9125 metric tons (MT), non-woven fabric 3600 MT and multifilament yarn 300 MT per annum. Its range of PP woven bags include unlaminated and laminated bags, valve bags, perforated bags, liner inserted bags, gusseted bags, and multi strip/multi color bags. The firm offers packaging solutions to business-to-business (B2B) manufacturers catering to different industries, such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in large quantities. The company has a manufacturing facility situated at Uttarakhand, India.
SPPPOLY.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, SPP Polymer Ltd is classified as halal.
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Financial Metrics & Statements of SPP Polymer Ltd (SPPPOLY.NS)
FAQ's for SPP Polymer Ltd (SPPPOLY.NS)
- As of October 2026, SPP Polymer Ltd SPPPOLY.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 SPP Polymer Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in SPP Polymer 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 SPP Polymer 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 SPP Polymer 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 SPP Polymer Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to SPP Polymer Ltd (SPPPOLY.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
