Shariah Compliance Analysis of VIDYAWIRES.NS Stock
India Industrials Micro Cap
Yes. As of October 2026, Vidya Wires Ltd (VIDYAWIRES.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Vidya Wires Ltd passes Musaffa's business and financial screening criteria.
Vidya Wires Ltd. engages in producing copper strips, paper covered round wires, and super enameled copper winding wires. The company is headquartered in Anand, Gujarat. The company went IPO on 2025-12-10. The Company’s product portfolio includes precision-engineered Enameled Wires, Enameled Copper Rectangular Strips, Paper Insulated Copper Conductors, Copper Busbar and Bare Copper Conductors, Specialised Winding Wires, PV Ribbon and Aluminum Paper Covered Strips, among others. Its Copper Busbar and Bare Copper Conductors include Copper Busbar, Copper Foils, and Copper Components. The company manufactures over 8,000 stock keeping units of winding and conductivity products, with sizes ranging from as thin as 0.07 millimeters (mm) to as thick as 25 mm. Its products are used in varied critical applications such as energy generation and transmission, electrical systems, electric motors, clean energy systems, electric mobility and railways.
Vidya Wires Ltd VIDYAWIRES.NS
₹91.10 ₹1.40 (1.51%) 1D
Last Updated: Oct 15, 12:00 AM·NSE
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VIDYAWIRES.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Vidya Wires Ltd is classified as halal.
HALAL
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FAQ's for Vidya Wires Ltd (VIDYAWIRES.NS)
As of October 2026, Vidya Wires Ltd VIDYAWIRES.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 Vidya Wires Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Vidya Wires 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 Vidya Wires 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 Vidya Wires 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 Vidya Wires Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Vidya Wires Ltd (VIDYAWIRES.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.