Baazar Style Retail Ltd STYLEBAAZA.NS
₹384.05 ₹11.95 (3.02%) 1D
Last Updated: Oct 15, 12:00 AM·NSE
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Is Baazar Style Retail Ltd Stock Halal?
Shariah Compliance Analysis of STYLEBAAZA.NS Stock
India Consumer Discretionary Small Cap No. As of October 2026, Baazar Style Retail Ltd (STYLEBAAZA.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Baazar Style Retail Ltd does not pass Musaffa's business and financial screening criteria.
Baazar Style Retail Ltd. engages in the retailing of a variety of apparel and non-apparels consumer products. The company is headquartered in Kolkata, West Bengal and currently employs 3,371 full-time employees. The company went IPO on 2024-09-06. The firm operates in the value retail sector, offering a diverse range of both apparel and non-apparel consumer goods. These products are retailed through a network of stores operating under the brand names Express Baazar, Mega Baazar, and Style Baazar. The company operates under two businesses, such as apparel and general merchandise. Within the apparels business, it offers garments for men, women, boys, girls and infants. The products offered under its general merchandise business include both non-apparel and home furnishing products. Its general merchandise offerings include footwear, imitation jewelry, toys, bags, luggage, gifts, novelties, cosmetics, skin care items and grooming products. Its homeware products include storage products, kitchenware, dining ware, home appliances, kitchen appliances, and bedding.
STYLEBAAZA.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Baazar Style Retail Ltd is classified as not halal.
NOT HALALBaazar Style Retail Ltd (STYLEBAAZA.NS) Chart
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Financial Metrics & Statements of Baazar Style Retail Ltd (STYLEBAAZA.NS)
FAQ's for Baazar Style Retail Ltd (STYLEBAAZA.NS)
- As of October 2026, Baazar Style Retail Ltd STYLEBAAZA.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 Baazar Style Retail Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Baazar Style Retail 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 Baazar Style Retail 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 Baazar Style Retail 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 Baazar Style Retail 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 Baazar Style Retail Ltd (STYLEBAAZA.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
