Top 10 Halal Stocks in India (2025) – Shariah Compliant Investments

Shariah compliant investments are options that follow the principles of Shariah law, as outlined by Shariah scholars. These investments are evaluated based on the criteria established by Shariah Boards to ensure they align with these guidelines.

While not a new concept, Shariah compliant investments have gained significant popularity recently. There has been a rising popularity of halal stocks in India. This growing interest reflects a shift towards ethical investing, with more individuals seeking investments that align with their values and beliefs.

Now that you understand what Shariah compliant investments are, let’s explore why they hold significance in today’s investment landscape.

Why Shariah Compliant Stocks?

Generating income from making investments in shares or funds is the goal of investments in general but If you need to generate income that should be HALAL then you need to find out Shariah Compliant Stocks or Halal Stocks where you can invest in them to earn Halal Income.

Investing in Halal stocks or Shariah Compliant funds encourage investors to keep your investments Islamic and keep you away from Haram activities prohibited by Islam like sale of pork products, arms, ammunition, alcohol, drugs, etc.

It not only helps you adhere to Islamic principles in every aspect of life, but it also allows you to earn money and contribute to the country’s economic growth.

To learn more, please check our Islamicly Shariah Screening Criteria to ensure that your investments align with Islamic principles and are compliant with Shariah guidelines.

List Of Top 10 Halal Stocks in India By Market Capitalization

Explore the top 10 leading halal companies in India ranked by market capitalization, along with their compliance risk factor to help you make informed investment decisions.

How Many Halal Stocks are There in India?

Out of the total stocks listed on Indian stock exchanges, around 53.98% are Shariah compliant, amounting to approximately 2,636 stocks. On the other hand, around 2,247 stocks do not meet Shariah compliance.

This growing availability of halal stocks in India gives investors several choices, enabling them to align their investments with their ethical and religious values.

Shariah Compliant Stocks in India (Hover to view more details)

If you need to know the shariah status of any individual stock, you can download “Islamicly” app which will enable you to get the shariah status of any stock not only Indian stocks but global stocks also.

The NSE and BSE both has Shariah Compliant indices as below;

The S&P BSE 500 Shariah Index – This index includes 500 companies screened out for shariah compliant investment with help of S&P Shariah Screening Partner “Ratings Intelligence”

NIFTY Shariah Index – it has incorporated 3 shariah indices namely: the top 25, top 50 and top 500 companies. There are three main Shariah indices served by NSE with the co-ordination with TASIS – a shariah screening parent.

Shariah Compliant Stocks in India – Sector Wise

How Can I Start Halal Investing as a Beginner?

As a beginner, you need to be a little cautious about how you invest in the shariah compliant funds. Firstly, you have to be sure that the stocks or the funds are under the Shariah Law.

You have to have a proper strategy before investing your hard earned money anywhere. You can take help from any halal financial experts or advisors.

Usually the first step is opening a trading account and then going ahead and starting your portfolio. You may get in touch with us too for any queries or help regarding the same.

Are There Any Conventional Securities That are Halal to Trade?

Before you select any particular stock or fund to invest in, you must check certain criteria that will help you decide better for yourself. You have to be fully aware of these criteria to decide whether the stock is Shariah compliant or not.

A few checks include the nature of business and other financial parameters. The first criterion includes a check on whether the company deals with the production or sales of items like tobacco, drugs, alcohol, Pork, Gambling, Pornography and Financials etc. The later criterion looks into parameters like Debt to Market Cap, Cash to Market Cap etc.

Is Investing in Stock Halal? Is The Income From Stocks Halal?

As we have discussed above, investing in stocks is halal as long as it doesn’t associate with any company dealing with prohibited activities as explained.

What Are The Halal Ways I Can Invest My Income?

You can do proper research on the various types of stocks, funds, and shares available in the investment market. These investment opportunities have proven to be very beneficial to increase your income.

This is all the basic information that you would need about the Shariah compliant funds. Once you are all set with your decision to invest in the same, you must read the market carefully to make out the best investment options for you.

We hope that our article has helped you in understanding this concept. In case you are flooded with more doubts, do reach out to us.

Manage Halal Trading with the Islamicly App

Islamicly App is your one stop destination that can help you manage your investments in a Shariah compliant manner.

This unique app provides the latest updates on a list of halal stocks in India and globally. It enables users to create portfolios, track Shariah compliance status changes, calculates the purging amount (Dividend Purification). You can access forums and participate in stock related discussions as well as general discussions. It also provides current prices of each stock as well as the top gainers and losers in relation to Shariah and much more.

Islamicly also has a web/desktop version that allows you to manage your Shariah compliant investments on the web and has many more advance features. So, what you are waiting for? Download the App or access the Web portal Today.