No. As of October 2026, Viji Finance Ltd (VIJIFIN.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Viji Finance Ltd does not pass Musaffa's business and financial screening criteria.
Viji Finance Ltd. is a non-banking finance company, which engages in the provision of financial and investment services. The company is headquartered in Indore, Madhya Pradesh and currently employs 27 full-time employees. The firm is engaged in providing customized financial products and services to individuals and corporate. The firm operates through the Financial Services segment. The Financial Services segment provides loans and financing services. Its services include Retail Loans, Corporate Finance, Personal Finance, and Infrastructure/Project Finance. Its Retail Loans service consists of gold loan, personal loan, and business loan. Its Corporate Finance service consists of finance dealing with the sources of funding and the capital structure of corporations. Its Infrastructure/Project Finance service consist of providing financial inter mediation for infrastructure projects and services.
Viji Finance Ltd VIJIFIN.NS
₹13.46 ₹1.26 (10.33%) 1D
Last Updated: Oct 09, 12:00 AM·NSE
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VIJIFIN.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Viji Finance Ltd is classified as not halal.
NOT HALAL
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FAQ's for Viji Finance Ltd (VIJIFIN.NS)
As of October 2026, Viji Finance Ltd VIJIFIN.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 Viji Finance Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Viji Finance 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 Viji Finance 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 Viji Finance 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 Viji Finance 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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Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.