Is Sun Pharmaceuticals Industries Ltd stock halal or haram? If you’re searching for a comprehensive Shariah compliance analysis of Sun Pharmaceuticals Industries Ltd, you’ve come to the right place!
In this article, we provide a detailed breakdown of Sun Pharmaceuticals Industries Ltd’s business operations, financials, and compliance with Shariah screening guidelines. Whether you’re an ethical investor or exploring halal investment opportunities, this analysis will help you make an informed decision.
Is Sun Pharmaceuticals Industries Ltd Stock Halal and Shariah Compliant?
Sun Pharmaceuticals Industries Ltd engaged in the business of manufacturing, developing and marketing a wide range of branded and generic formulations and Active Pharma Ingredients (APIs), has undergone a Shariah compliance screening based on key financial and business criteria. According to the latest annual report published on 08-07-2024, Sun Pharmaceuticals Industries Ltd stock appears to be Halal and Shariah Compliant.
Shariah Compliance Analysis of Sun Pharmaceuticals Industries Ltd
| Criteria | Value | Status |
| Business Activity | Drug Manufacturing | ✅ PASS |
| Impermissible Income to Total Revenue | 3.26% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 3.83% | ✅ PASS |
| Illiquid Assets to Total Assets Ratio | 44.97 | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Sun Pharmaceuticals Industries Ltd Price Chart
Business Overview of Sun Pharmaceuticals Industries Ltd
Sun Pharmaceutical Industries Ltd is India’s largest and the world’s fourth-largest generic pharmaceutical company, specializing in formulations, active pharmaceutical ingredients (APIs), and specialty medicines. Founded in 1983, the company operates in over 100 countries, providing treatments across neurology, cardiology, dermatology, and oncology.
With a strong focus on research, innovation, and global expansion, Sun Pharma continues to deliver high-quality, affordable medicines, making it a key player in the global pharmaceutical industry.
Conclusion
Based on the screening Process, Sun Pharmaceuticals Industries Ltd Stock appears to be Halal and Shariah Compliant (Allah Knows the Best). However, investors should conduct their own due diligence and review the company’s financials periodically for any changes in compliance.
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Hasan is the founder of HalalFinance.co.in, created after personally struggling to find reliable answers about halal investing in stocks. With a finance background and a passion for helping the Muslim community, He now shares well-researched, transparent, and authentic content to empower Muslims on their path to halal wealth-building.