Is JSW Steel Ltd Share halal or haram? If you’re searching for a comprehensive Shariah compliance analysis of JSW Steel Ltd, you’ve come to the right place!
In this article, we provide a detailed breakdown of JSW Steel 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 JSW Steel Ltd Share Halal or Not?
JSW Steel Ltd, a leading company in the steel sector, has undergone a Shariah compliance screening based on key financial and business criteria. According to the latest annual report published on 04-07-2024, JSW Steel Ltd stock appears to be Not Halal and Non-Shariah Compliant.
Shariah Compliance Analysis of JSW Steel Ltd
Non-Shariah Compliant / Not Halal
| Criteria | Value | Status |
| Business Activity | Steel Manufacturers | ✅ PASS |
| Impermissible Income to Total Revenue | 0.45% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 38.56% | ❌ FAIL |
| Illiquid Assets to Total Assets Ratio | 78.8% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Business Overview of JSW Steel Ltd
JSW Steel Ltd is one of India’s leading integrated steel manufacturers and a flagship company of the JSW Group. Established in 1982, it has grown into a global steel powerhouse with a strong presence in India, the US, and Europe. The company specializes in producing hot-rolled, cold-rolled, galvanized, and color-coated steel products, catering to industries such as automotive, infrastructure, and construction.
JSW Steel is known for its technological advancements, sustainable practices, and innovation in steelmaking. With a large production capacity and ongoing expansion projects, it continues to strengthen its market position. The company is also focused on reducing carbon emissions and increasing renewable energy use, aligning with global sustainability goals.
JSW Steel Ltd Live Price Chart
Conclusion
Based on the screening Process and latest annual report, JSW Steel Ltd Share appears to be Not Halal and Non-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.
Disclaimer: The information on Halalfinance.co.in is for educational and informational purposes only and not financial advice. We are not liable for any investment decisions you make; always consult a financial advisor before investing.
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.