Is TRF Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, TRF Ltd (TRF.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is TRF Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes TRF Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of TRF Ltd?

Muslim investors may consider investing in TRF 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.

Why is TRF Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of TRF Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for TRF Ltd updated?

The Shariah compliance status of TRF Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like TRF Ltd become non-compliant?

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.

Where can I check the Shariah status of TRF Ltd?

You can check the latest Shariah compliance status of TRF Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

TRF.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 04, 2026

Report Source: 2026 2nd Quarter Report

TRF Ltd. Stock Analysis TRF.NS

India Industrials Nano Cap Report: Q2, 2026

TRF Ltd. engages in the business of provision solutions for material handling equipment and processing systems required in the infrastructure development. The company is headquartered in Jamshedpur, Jharkhand and currently employs 422 full-time employees. The company went IPO on 2010-01-08. The firm is engaged in production of such material handling equipments at its manufacturing facility at Jamshedpur. The firm's segments include Projects & Services and Products & Services. Its projects include Indian projects and overseas projects. Its Indian projects include APGENCO - Vijaywada, and BHEL, NMDC’s - Nagarnar. The company also provides services relating to design and engineering, supervision, and others. The company is engaged in leasing of facilities and rendering professional services by deployment of manpower, in the area of project & construction, design & engineering, manufacturing, and other technical service. The company manufactures various equipments, including hydraulic cone crushers and icon roller screens.

Key Statistics of TRF Ltd (TRF.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹235.45₹248.00

Today's Open

₹242.25

Volume

45.49K

P/E Ratio (TTM)

11.20

52 Week Range

₹215.50₹417.95

Market Cap

3.00B

Avg. Volume

18.56K

Dividend Yield

Financial Metrics & Statements of TRF Ltd (TRF.NS)

FAQ's for TRF Ltd (TRF.NS)

According to Musaffa’s Shariah screening methodology, TRF Ltd (TRF.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.