Shariah Compliance Analysis of THANGAMAYL.NS Stock
India Consumer Discretionary Small Cap
No. As of October 2026, Thangamayil Jewellery Ltd (THANGAMAYL.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Thangamayil Jewellery Ltd does not pass Musaffa's business and financial screening criteria.
Thangamayil Jewellery Ltd. engages in the management and operation of jewelry stores. The company is headquartered in Madurai, Tamil Nadu and currently employs 3,086 full-time employees. The company went IPO on 2010-02-19. The firm is engaged in the business of gold, diamond, platinum, and silver jewelry and articles. The company offers a range of products, which include gold bangle, gold necklace, gold malai, gold bracelet, gold ring, mangalyam, gold idols, coins, photo frames, pooja articles, platinum gadi, and platinum chains. The company has a total operating area of approximately 78,000 square feet, across all its 49 Thangamayil showrooms and 10 Thangamayil Plus exclusive silver showrooms. The Company’s branches are located in Rajapalayam, Sivakasi, Aruppukottai, Virudhunagar, Dindigul, Palani, Ottanchatram, Batlagundu, Theni, Cumbum, Karaikudi, Ramnad, Tirunelveli, Tenkasi, Valliyoor, Sankarankovil, Thisayanvilai, Surandai, Tuticorin, Kovilpatti, Coimbatore, Coimbatore-Ganapathy, Pollachi, Krishnagiri, Villupuram, Nagarkovil, Pudukottai, and others.
Thangamayil Jewellery Ltd THANGAMAYL.NS
₹4,889.50 ₹89.00 (1.85%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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THANGAMAYL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Thangamayil Jewellery Ltd is classified as not halal.
NOT HALAL
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FAQ's for Thangamayil Jewellery Ltd (THANGAMAYL.NS)
As of October 2026, Thangamayil Jewellery Ltd THANGAMAYL.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 Thangamayil Jewellery Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Thangamayil Jewellery 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 Thangamayil Jewellery 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 Thangamayil Jewellery 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 Thangamayil Jewellery 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 Thangamayil Jewellery Ltd (THANGAMAYL.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.