Sumeet Industries Ltd SUMEETINDS.NS
₹10.92 ₹0.37 (3.28%) 1D
Last Updated: Oct 15, 12:00 AM·NSE
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Is Sumeet Industries Ltd Stock Halal?
Shariah Compliance Analysis of SUMEETINDS.NS Stock
India Consumer Discretionary Micro Cap Yes. As of October 2026, Sumeet Industries Ltd (SUMEETINDS.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sumeet Industries Ltd passes Musaffa's business and financial screening criteria.
Sumeet Industries Ltd. is a manufacturer and exporter of polyester chips, polyester filament yarn, and polypropylene multifilament yarn. The firm is engaged in the business of manufacturing and exporting partially oriented yarn (POY), fully drawn yarn (FDY), polyester chips and texturizing yarn. The firm is producing polyester semi dull intermingled POY as well as bright yarn and dope dyed black yarn. The company offers a wide range of POY products for draw texturizing as well as air texturizing, draw twisting and draw warping applications. The company produces yarns of 75 deniers, 100 deniers, 126 deniers, 150 deniers in various filaments both in semi dull and in black color. The company manufactures different deniers in 14, 24, 36, 48, 72, 96 and 192 filaments in semi dull (circular cross-section) and bright (trilobal) and super bright dope dyed (trilobal) cross-section. The firm caters to both domestic and international markets. The firm exports to various countries, such as Egypt, Saudi Arabia, China, Poland, Russia, Morocco and Columbia, among others.
SUMEETINDS.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Sumeet Industries Ltd is classified as halal.
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Financial Metrics & Statements of Sumeet Industries Ltd (SUMEETINDS.NS)
FAQ's for Sumeet Industries Ltd (SUMEETINDS.NS)
- As of October 2026, Sumeet Industries Ltd SUMEETINDS.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 Sumeet Industries Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Sumeet Industries 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 Sumeet Industries 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 Sumeet Industries 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 Sumeet Industries 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 Sumeet Industries Ltd (SUMEETINDS.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
