Yes. As of October 2026, Sundaram Multi Pap Ltd (SUNDARAM.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sundaram Multi Pap Ltd passes Musaffa's business and financial screening criteria.
Sundaram Multi Pap Ltd. engages in the design, manufacture, and marketing of paper stationery products. The company is headquartered in Mumbai, Maharashtra and currently employs 413 full-time employees. The firm covers the entire range from schools to colleges to office stationery. Its products include exercise notebooks, long books, note pads, drawing books, graph books for students of all ages, as well as office/corporate stationery products and printing, and writing & packaging paper. The company has over 200 types of products, which are sold under the brand Sundaram. The Company, through its Edtech arm, E-Class, offers an online app, online portal and demo videos. E-class provides educational content for the students of Maharashtra State Board's 1st to 10th standards for all subjects, available in English, Marathi, Semi English, Hindi and Urdu medium as per the syllabus. Edzam, its online digital app and portal, improves the process of learning through the support of audio-visual content, assessment tool, analytical reports and others.
Sundaram Multi Pap Ltd SUNDARAM.NS
₹1.12 ₹0.03 (2.75%) 1D
Last Updated: Oct 14, 12:00 AM·NSE
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SUNDARAM.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Sundaram Multi Pap Ltd is classified as halal.
HALAL
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FAQ's for Sundaram Multi Pap Ltd (SUNDARAM.NS)
As of October 2026, Sundaram Multi Pap Ltd SUNDARAM.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 Sundaram Multi Pap Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Sundaram Multi Pap 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 Sundaram Multi Pap 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 Sundaram Multi Pap 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 Sundaram Multi Pap 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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