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Is Shyam Metalics and Energy Ltd. Shariah Compliant? | BarakFi | BarakFi
NIFTY 5023,842.75+0.54%SENSEX78,553.20+0.54%NIFTY BANK51,236.80−0.17%NIFTY IT33,156.40+0.75%NIFTY PHARMA19,872.35+0.28%NIFTY AUTO23,145.90−0.48%NIFTY FMCG56,234.15+0.32%INDIA VIX13.42−2.75%NIFTY 5023,842.75+0.54%SENSEX78,553.20+0.54%NIFTY BANK51,236.80−0.17%NIFTY IT33,156.40+0.75%NIFTY PHARMA19,872.35+0.28%NIFTY AUTO23,145.90−0.48%NIFTY FMCG56,234.15+0.32%INDIA VIX13.42−2.75%
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Home›Screener›SHYAMMETL
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SHYAMMETLNSE

Shyam Metalics and Energy Ltd.

Capital Goods · Large Cap · India
₹981.55
▲ ₹8.2 (+0.84%) today
Day Range: ₹973.25 – ₹991.45
Volume: 2.0 L · as of 3 Jun 2026, 1:39 pm
Shariah Status
Shariah Compliant
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Last screened 3 Jun 2026, 7:38 pm IST.
Methodology
AAOIFI aligned · 2026.04.2
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Shariah Compliant
Compliance
Market Data
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Shariah Compliance Breakdown
Debt Ratio
Interest-bearing debt compared to methodology denominator (AAOIFI: total assets). Must stay below 30%.
Disclaimer:The information on this page is for educational purposes only and does not constitute a religious ruling (fatwa) or financial advice. Shariah compliance status is derived from publicly available financial data and BarakFi's methodology mapping. Individual scholars may reach different conclusions. Always consult a qualified Islamic finance scholar and a licensed financial advisor before making investment decisions.
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Shariah-compliant equity screening for the Indian market.

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© 2026 BarakFi · Educational screening · Not a religious ruling or financial adviceMade in India
Threshold: 30%
4.9%
Pass
Interest Income
Interest and treasury-based income as a share of business income. Must stay below 5%.
Threshold: 5%
0.0%
Pass
Non-permissible Income
Non-halal income compared to total business income. Must stay below 5%.
Threshold: 5%
Not detected
Pass
Accounts Receivable
Receivables compared to methodology denominator (AAOIFI: total assets). Must stay below 49%.
Threshold: 49%
4.5%
Pass
Business Activity
Core business lines should avoid prohibited sectors and interest-driven revenue dependence.
Allowed
Pass
Cash & Interest-bearing Assets
Cash, equivalents, and interest-bearing balances compared to total assets. Must stay below 30%.
Threshold: 30%
2.6%
Pass
Why Shariah Compliant
Shyam Metalics and Energy Ltd. currently screens as Shariah compliant on BarakFi. All required checks pass with current data.
Market Data
Current Price
₹981.55
Day Range
₹973.25 – ₹991.45
52-Week Range
₹746 – ₹1,001
Volume
2.0 L
Market Cap
₹27,271 Cr
P/E Ratio
—
About Shyam Metalics and Energy Ltd.

Shyam Metalics & Energy Ltd. is engaged in the manufacturing and sale of ferro alloys, iron & steel products and power generation. The company is headquartered in Kolkata, West Bengal. The company went IPO on 2021-06-24. The company is engaged in the business of manufacturing and selling ferroalloys, iron, and steel products, as well as power generation. Its product portfolio includes iron pellets, sponge iron, billets, thermo-mechanically treated (TMT) bars, structural steel, wire rods, power, ferro alloys, and aluminum foil. Pellets are a type of agglomerated iron ore fines that are used as raw materials for sponge iron and blast furnaces. Its Sponge iron is a spongy mass of iron, which is a metallic product produced through direct reduction of iron ore or iron pellets in the solid state. Billets are used as raw materials for the manufacture of TMT and structural products. Its structural steel includes hot rolled steel products such as angles, channels, and beams. The company has manufacturing facilities at Sambalpur, Jamuria, Mangalpur, and Pakuria. The company serves markets such as the United States, Italy, Dubai, Oman, South Korea, Taiwan, Vietnam, and others.

BarakFi combines that company context with filing-driven screening ratios, market-cap evidence, and live quote snapshots so you can review the stock through a Shariah-screening lens without losing the underlying business picture.

Index and universe context: Nifty 500 • Nifty SMALLCAP 100.

Capital GoodsLarge CapIndiaNSENifty 500Nifty SMALLCAP 100
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Compliant
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GE Vernova T&D India Ltd.
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MAZDOCK
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Key Compliance Ratios
Debt Ratio4.9%
Interest Income0.0%
Non-permissible IncomeNot detected
Receivables Ratio4.5%
Overall StatusCompliant
Stock Information
TickerSHYAMMETL
ExchangeNSE
SectorCapital Goods
CountryIndia
Market Cap₹27,271 Cr
36M Avg MCap₹27,116 Cr
Cap SizeLarge Cap
About this Screening
This page uses an AAOIFI-aligned methodology version 2026.04.2, checking debt, interest income, non-permissible income, receivables, and balance-sheet context from the current filings dataset.

This is educational only — not a religious ruling or financial advice. Read the full methodology for threshold context and update cadence.

Read full methodology →
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