Veekayem Fashion & Apparels Ltd VEEKAYEM.NS
₹146.25 ₹0.05 (0.03%) 1D
Last Updated: Oct 14, 12:00 AM·NSE
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Is Veekayem Fashion & Apparels Ltd Stock Halal?
Shariah Compliance Analysis of VEEKAYEM.NS Stock
India Consumer Discretionary Nano Cap No. As of October 2026, Veekayem Fashion & Apparels Ltd (VEEKAYEM.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Veekayem Fashion & Apparels Ltd does not pass Musaffa's business and financial screening criteria.
Veekayem Fashion & Apparels Ltd. manufactures and supplies textiles. The company is headquartered in Mumbai, Maharashtra and currently employs 780 full-time employees. The company went IPO on 2022-08-22. The firm's business is organized into two main product categories, namely textile and garments. The company is engaged in the manufacturing of grey cloths, including polyester/viscos, polyester cotton, 100% linen, 100% wool and Lycra fabrics through weaving process. The company manufactures all types of readymade garments for men and women, which includes formal shirts, cotton shirts, formal trousers, cotton trousers, cotton joggers, cotton shorts, pajamas. The firm's product portfolio includes 100% cotton, which includes Lycra and Non-Lycra, Giza, Supima, blended cotton suiting, such as chief value cotton, polyester cotton, terry rayon suiting and mock linen. The company also caters to exports and local markets in customized designs as requested by its clients and customers in the textile and apparel industry.
VEEKAYEM.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Veekayem Fashion & Apparels Ltd is classified as not halal.
NOT HALALVeekayem Fashion & Apparels Ltd (VEEKAYEM.NS) Chart
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Financial Metrics & Statements of Veekayem Fashion & Apparels Ltd (VEEKAYEM.NS)
FAQ's for Veekayem Fashion & Apparels Ltd (VEEKAYEM.NS)
- As of October 2026, Veekayem Fashion & Apparels Ltd VEEKAYEM.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 Veekayem Fashion & Apparels Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Veekayem Fashion & Apparels 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 Veekayem Fashion & Apparels 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 Veekayem Fashion & Apparels 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 Veekayem Fashion & Apparels Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Veekayem Fashion & Apparels Ltd (VEEKAYEM.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
