Yes. As of October 2026, Suraj Ltd (SURAJLTD.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Suraj Ltd passes Musaffa's business and financial screening criteria.
Suraj Ltd. engages in the manufacture and export of stainless steel, pipes, and tubes. The firm has plants located at Thol and Chandarda, Mehsana, Gujarat. Its products find application in various industry segments, such as pharmaceuticals, dyes and pigments, oil, refineries, and others. The company caters to both domestic and international markets. The firm operates through a single segment, namely manufacturing stainless steel, seamless pipes, tubes, flanges & fittings business. The company is a Government of India-recognized export house and sells its products in India and abroad to approximately 70 countries across the world. Its products include Seamless Heat Exchanger Tubes, Seamless Heat Exchanger U-Tubes, Seamless Instrumentation Tubes, Welded and Seamless Mechanical Polished Tubes, Welded and Seamless Electropolished Tubes, Seamless Pipes, Seamless Buttweld Fittings, Flanges and Stub Ends, and Forged Rings.
Suraj Ltd SURAJLTD.NS
₹184.57 ₹2.87 (1.58%) 1D
Last Updated: Oct 08, 12:00 AM·NSE
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SURAJLTD.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Suraj Ltd is classified as halal.
HALAL
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FAQ's for Suraj Ltd (SURAJLTD.NS)
As of October 2026, Suraj Ltd SURAJLTD.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 Suraj Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Suraj 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 Suraj 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 Suraj 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 Suraj 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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