No. As of October 2026, Utssav CZ Gold Jewels Ltd (UTSSAV.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Utssav CZ Gold Jewels Ltd does not pass Musaffa's business and financial screening criteria.
Utssav CZ Gold Jewels Ltd. engages in the design, manufacture, and distribution of jewellery. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2024-08-07. The firm is in the business of designing, manufacturing, wholesaling and exporting 18Karat, 20Karat and 22Karat CZ Gold jewelry. The firm specializes in lightweight production of cubic zirconia (CZ) gold and rose gold casting jewelry. The company manufactures and offers a wide collection of products, such as rings, earrings, pendants, bracelets, necklaces, watches and broaches.
Utssav CZ Gold Jewels Ltd UTSSAV.NS
₹853.00 ₹5.00 (0.59%) 1D
Last Updated: Oct 06, 12:00 AM·NSE
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UTSSAV.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Utssav CZ Gold Jewels Ltd is classified as not halal.
As of October 2026, Utssav CZ Gold Jewels Ltd UTSSAV.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 Utssav CZ Gold Jewels Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Utssav CZ Gold Jewels 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 Utssav CZ Gold Jewels 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 Utssav CZ Gold Jewels 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 Utssav CZ Gold Jewels 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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