Yes. As of October 2026, Urban Enviro Waste Management Ltd (URBAN.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Urban Enviro Waste Management Ltd passes Musaffa's business and financial screening criteria.
Urban Enviro Waste Management Ltd. engages in the provision of waste management services. The company is headquartered in Nagpur, Maharashtra and currently employs 4,595 full-time employees. The company went IPO on 2023-06-22. The firm provides waste management solutions and municipal solid waste (MSW) management services comprising waste collection, transportation, segregation and processing and disposal of waste generated by households, businesses, and institutions. The firm's profile includes primary and secondary collection of waste, lifting prior to transportation of the waste and finally disposal or treatment and recycling of collected waste, to undertake research and development activities. Its projects cover Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Chhattisgarh, Jammu and Kashmir. The firm primarily operates in one segment which comprises of waste management including Municipal Solid Waste, Industrial, slaughterhouse waste and agricultural waste. The company caters to Indian Local Bodies along with providing its services to residential areas, research institutes, power stations, government and others.
Urban Enviro Waste Management Ltd URBAN.NS
₹120.80 ₹2.50 (2.11%) 1D
Last Updated: Oct 05, 12:00 AM·NSE
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URBAN.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Urban Enviro Waste Management Ltd is classified as halal.
FAQ's for Urban Enviro Waste Management Ltd (URBAN.NS)
As of October 2026, Urban Enviro Waste Management Ltd URBAN.NS is classified as 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 Urban Enviro Waste Management Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Urban Enviro Waste Management 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 Urban Enviro Waste Management 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 Urban Enviro Waste Management 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 Urban Enviro Waste Management 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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