No. As of October 2026, Ugro Capital Ltd (UGROCAP.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Ugro Capital Ltd does not pass Musaffa's business and financial screening criteria.
Ugro Capital Ltd. is a non-banking financial service company, which engages in the business of lending. The firm is focused on providing capital for small businesses and customized loan solutions in eight sectors. The Company’s sectors include healthcare, education, chemicals, food processing/fast-moving consumer goods (FMCG), hospitality, electrical equipment and components, auto components, light engineering. Its sourcing channel includes GRO Plus, an uberized intermediated sourcing module; Chain, a supply chain financing platform with automated end-to-end invoice approval and flow; GRO Xstream platform for co-lending, an upstream and downstream integration with fintech’s and liability providers, and GRO X application to provide embedded financing options to micro, small, and medium enterprises (MSMEs).
Ugro Capital Ltd UGROCAP.NS
₹83.44 ₹4.26 (5.38%) 1D
Last Updated: Oct 15, 12:00 AM·NSE
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UGROCAP.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Ugro Capital Ltd is classified as not halal.
NOT HALAL
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FAQ's for Ugro Capital Ltd (UGROCAP.NS)
As of October 2026, Ugro Capital Ltd UGROCAP.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 Ugro Capital Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Ugro Capital 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 Ugro Capital 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 Ugro Capital 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 Ugro Capital 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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