Sunlite Recycling Industries Ltd SUNLITE.NS
₹648.50 ₹8.50 (1.33%) 1D
Last Updated: Oct 12, 12:00 AM·NSE
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Is Sunlite Recycling Industries Ltd Stock Halal?
Shariah Compliance Analysis of SUNLITE.NS Stock
India Industrials Micro Cap Yes. As of October 2026, Sunlite Recycling Industries Ltd (SUNLITE.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Sunlite Recycling Industries Ltd passes Musaffa's business and financial screening criteria.
Sunlite Recycling Industries Ltd. engages in manufacturing copper rods and wires. The company is headquartered in Kheda, Gujarat. The company went IPO on 2024-08-20. The firm is engaged in the business of manufacturing of copper rods and wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Its product portfolio offers a diversified product range which includes various grades, thickness, widths and standards, in all types of copper products according to customer specifications. The company is also engaged in providing job work services for processing of various copper products. The Company’s products include oxygen free copper rods (OFC), fire-refined high conductivity copper rods (FRHC), copper wires, copper earthing wires, copper conductors, copper submersible wires, copper earthing strips, and others.
SUNLITE.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Sunlite Recycling Industries Ltd is classified as halal.
HALALSunlite Recycling Industries Ltd (SUNLITE.NS) Chart
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Financial Metrics & Statements of Sunlite Recycling Industries Ltd (SUNLITE.NS)
FAQ's for Sunlite Recycling Industries Ltd (SUNLITE.NS)
- As of October 2026, Sunlite Recycling Industries Ltd SUNLITE.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 Sunlite Recycling Industries Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Sunlite Recycling 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 Sunlite Recycling 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 Sunlite Recycling 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 Sunlite Recycling 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 Sunlite Recycling Industries Ltd (SUNLITE.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
