No. As of October 2026, UPL Ltd (UPL.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. UPL Ltd does not pass Musaffa's business and financial screening criteria.
UPL Ltd. engages in the business of manufacturing and sale of pesticides, insecticide, and micronutrients. The company is headquartered in Mumbai, Maharashtra and currently employs 4,247 full-time employees. The firm operates through three segments: Crop Protection, Seeds Business, and Non Agro. Its Crop Protection segment includes the manufacture and marketing of conventional agrochemical products, and other agricultural related products. Its Seeds Business segment includes the production and marketing of seeds. Its Non Agro includes manufacture and marketing of industrial chemical and other non-agricultural related products. The Company’s specialty applications include crop protection solutions for niche and specialty crops; products for underserved or hard-to-control pests; alternative application methods like seed and soil applied technologies; and bio-based products. Its offering covers the entire agricultural value chain spanning, such as seeds, crop protection products, natural solutions, on-farm equipment and services, and post-harvest solutions.
UPL Ltd UPL.NS
₹488.45 ₹5.50 (1.14%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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UPL.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, UPL Ltd is classified as not halal.
NOT HALAL
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FAQ's for UPL Ltd (UPL.NS)
As of October 2026, UPL Ltd UPL.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 UPL Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in UPL 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 UPL 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 UPL 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 UPL 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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