Wakefit Innovations Ltd WAKEFIT.NS
₹138.12 ₹2.00 (1.43%) 1D
Last Updated: Oct 05, 12:00 AM·NSE
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Is Wakefit Innovations Ltd Stock Halal?
Shariah Compliance Analysis of WAKEFIT.NS Stock
India Consumer Discretionary Small Cap Yes. As of October 2026, Wakefit Innovations Ltd (WAKEFIT.NS) is classified as HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Wakefit Innovations Ltd passes Musaffa's business and financial screening criteria.
Wakefit Innovations Ltd. engages in the business of manufacturing, packaging, distribution, marketing, and sale of mattresses, furniture and furnishing. The company is headquartered in Bangalore, Karnataka. The company went IPO on 2025-12-15. Its mattress product category includes memory foam, latex, grid, and high-resilience foam models such as dual comfort, spring, plus, rollup, and foldable options. The furniture product category includes beds (including engineered wood, natural wood and metal beds), sofas and recliners, wardrobes, dining tables, chairs and seating (including office chairs, gaming chairs and ottomans), cabinets, tables, shelves, kids’ furniture including cribs and utility furniture. The furnishings product category includes pillows and cushions, home essentials such as towels, mats, rugs and carpets, yoga mats, runners, curtains, bathrobes, bean bags, deck tiles, dinnerware, kitchenware, service ware, mattress protectors, table linen, mirrors and home decor.
WAKEFIT.NS Shariah Compliance
Screening Methodology: AAOIFI
As of October 2026, Wakefit Innovations Ltd is classified as halal.
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Financial Metrics & Statements of Wakefit Innovations Ltd (WAKEFIT.NS)
FAQ's for Wakefit Innovations Ltd (WAKEFIT.NS)
- As of October 2026, Wakefit Innovations Ltd WAKEFIT.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 Wakefit Innovations Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Wakefit Innovations 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 Wakefit Innovations 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 Wakefit Innovations 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 Wakefit Innovations 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 Wakefit Innovations Ltd (WAKEFIT.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
