No. As of October 2026, Tribhovandas Bhimji Zaveri Ltd (TBZ.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Tribhovandas Bhimji Zaveri Ltd does not pass Musaffa's business and financial screening criteria.
Tribhovandas Bhimji Zaveri Ltd. engages in the manufacture and trade of jewellery. The company is headquartered in Mumbai, Maharashtra and currently employs 1,071 full-time employees. The company went IPO on 2012-05-09. The firm is in the business of retail sales of ornaments made of gold, diamond, silver, platinum, and precious stones. The company operates approximately 33 stores, of which 30 are Company’s own stores and three are franchisee stores, in 25 cities and 12 states across India. The firm has various product categories, such as plain gold, diamond studded, precious and semi-precious stone studded, lightweight and contemporary, temple jewelry, plain and diamond studded platinum, colored stone studded in gold, and solitaires. Its product includes necklaces, bangles, bracelets, pendants, mangal sutra, earrings, rings, and various others. The firm has various collections, such as Mangalsutra, Arya, Minakari, Moonstruck, Amaya, Leela bridal, and Jadau bridal. The Company’s subsidiary is Tribhovandas Bhimji Zaveri (Bombay) Limited.
Tribhovandas Bhimji Zaveri Ltd TBZ.NS
₹723.00
Last Updated: Oct 15, 12:00 AM·NSE
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TBZ.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Tribhovandas Bhimji Zaveri Ltd is classified as not halal.
NOT HALAL
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FAQ's for Tribhovandas Bhimji Zaveri Ltd (TBZ.NS)
As of October 2026, Tribhovandas Bhimji Zaveri Ltd TBZ.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 Tribhovandas Bhimji Zaveri Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Tribhovandas Bhimji Zaveri 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 Tribhovandas Bhimji Zaveri 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 Tribhovandas Bhimji Zaveri 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 Tribhovandas Bhimji Zaveri 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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