Yes. As of October 2026, Saraswati Saree Depot Ltd (SSDL.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Saraswati Saree Depot Ltd passes Musaffa's business and financial screening criteria.
Saraswati Saree Depot Ltd. engages in the trading of wholesale women's wear. The firm is engaged in the trading of women's apparel, including sarees, kurtis, dress materials, blouse pieces, lehengas, and bottoms, among others, on a business-to-business (B2B) basis. The company sources sarees and other women's apparel from more than 900 weavers/suppliers across different states in India. Its product catalogue consists of more than 3,00,000 different SKUs. Its other product offerings consist of shirt and pant pieces for men and other women's apparel accessories. The company offers a range of weaving styles, such as Banarsi, Paithani, Kanjivaram, Maheshwari, Patola, Handloom, Bomkai, Gadwal, Tanchoi, Bandhani, and Dharmavaram. The company operates from two stores which are located in Kolhapur, Maharashtra and Ulhasnagar, Maharashtra. The company serves its products in southern and western regions comprising mainly Maharashtra, Goa, Karnataka, and Tamil Nadu.
Saraswati Saree Depot Ltd SSDL.NS
₹69.75 ₹0.37 (0.53%) 1D
Last Updated: Oct 05, 12:00 AM·NSE
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SSDL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Saraswati Saree Depot Ltd is classified as halal.
HALAL
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FAQ's for Saraswati Saree Depot Ltd (SSDL.NS)
As of October 2026, Saraswati Saree Depot Ltd SSDL.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 Saraswati Saree Depot Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Saraswati Saree Depot 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 Saraswati Saree Depot 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 Saraswati Saree Depot 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 Saraswati Saree Depot Ltd 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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