Shariah Compliance Analysis of STARCEMENT.NS Stock
India Materials Small Cap
Yes. As of October 2026, Star Cement Ltd (STARCEMENT.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Star Cement Ltd passes Musaffa's business and financial screening criteria.
Star Cement Ltd. engages in the manufacture and sale of cement. The company is headquartered in Kolkata, West Bengal and currently employs 2,274 full-time employees. The company went IPO on 2017-06-16. The firm is engaged in the manufacturing and selling of Cement Clinker and Cement. Its integrated cement plant is based in a location in the idyllic town of Lumshnong in Meghalaya and three grinding units, two at Sonapur near Guwahati, Assam and one at Mohitnagar near Jalpaiguri Town in West Bengal. The Company’s products include Star Weather Shield Cement, Star Dhalai Master Cement, Star Cement Portland Pozzolana Cement (PPC), and Star Cement Ordinary Portland Cement (OPC). Its Star Cement OPC includes OPC 53 & 43 Grade. Star Cement PPC is a blended cement created by combining OPC clinker with gypsum and pozzolanic materials. The firm also offers comprehensive solutions, including technical and home-building guidance. Its subsidiaries include Star Cement Meghalaya Limited, Star Century Global Cement Private Limited, Star Cement North East Limited, Star Cement (I) Limited, Ri Pnar Cement Private Limited, and others.
Star Cement Ltd STARCEMENT.NS
₹174.61 ₹0.52 (0.30%) 1D
Last Updated: Oct 07, 12:00 AM·NSE
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STARCEMENT.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Star Cement Ltd is classified as halal.
HALAL
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FAQ's for Star Cement Ltd (STARCEMENT.NS)
As of October 2026, Star Cement Ltd STARCEMENT.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 Star Cement Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Star Cement 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 Star Cement 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 Star Cement 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 Star Cement 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 Star Cement Ltd (STARCEMENT.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.