Swastik Pipe Ltd SWASTIK.NS
₹19.00 ₹0.75 (3.80%) 1D
Last Updated: Oct 01, 12:00 AM·NSE
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Is Swastik Pipe Ltd Stock Halal?
Shariah Compliance Analysis of SWASTIK.NS Stock
India Materials Nano Cap No. As of October 2026, Swastik Pipe Ltd (SWASTIK.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Swastik Pipe Ltd does not pass Musaffa's business and financial screening criteria.
Swastik Pipe Ltd. engages in the business of manufacturing of ERW black pipe, galvanized steel tubes, cold rolled strips, S.T. The firm is engaged in the business of manufacturing of electric resistance welded (ERW) Black Pipe, Galvanized Steel Tubes, Cold Rolled Strips, S.T. Poles, and Solar Mounting Structures. The firm's products also include hallow steel pipe, cold rolled steel strips/coils, swaged tubular poles, solar structure, and steel structures. The firm is engaged in the production of solar module mounting structures, transmission towers, steel tubular poles and solar poles, special structures for railways, scaffolding, formwork and crash barriers. Its steel pipes and tubes are used for various purposes, such as steel pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, Cold Drawn Welded (CDW) pipes for shockers, steel pipes for various structural purposes, and steel pipes for engineering purposes. The company has a wide range of steel pipes and tube products that are manufactured in various shapes and sizes.
SWASTIK.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Swastik Pipe Ltd is classified as not halal.
NOT HALALSwastik Pipe Ltd (SWASTIK.NS) Chart
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Financial Metrics & Statements of Swastik Pipe Ltd (SWASTIK.NS)
FAQ's for Swastik Pipe Ltd (SWASTIK.NS)
- As of October 2026, Swastik Pipe Ltd SWASTIK.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 Swastik Pipe Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Swastik Pipe 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 Swastik Pipe 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 Swastik Pipe 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 Swastik Pipe 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 Swastik Pipe Ltd (SWASTIK.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
