10 Profitable Halal Stocks in India: Grow Wealth Ethically in 2025

Invest in Sharia-compliant stocks for ethical returns. Verified by AAOIFI standard

What Are Halal Stocks?

Halal Investing 101: Follow Islamic Principle

– Avoids alcohol, gambling, interest-based income. – Debt <33% of assets, non-halal revenue <5% . – Sectors: IT, healthcare, FMCG, cement

Key Point: 

Reliance Industrie 

#1 Reliance Industries: Energy & Tech Giant 

– Market Cap: ₹17.1T | Debt/Equity: 0.44  – Compliant due to diversified halal sector

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Tata Consultancy Services (TCS)

#2 TCS: Global IT Leader 

– Market Cap: ₹15T | Debt/Equity: 0.09  – Low debt, Sharia-approved IT service

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Infosy

#3 Infosys: Innovation-Driven Growth 

– Market Cap: ₹8.04T | ROCE: 39.99%  – Debt-free operations in permissible sector

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Hindustan Unilever (HUL)

#4 HUL: FMCG Powerhouse 

– Market Cap: ₹5.6T | Debt/Equity: 0.03  – Halal household products, near-zero debt

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Sun Pharma

#5 Sun Pharma: Healthcare Champion 

– Market Cap: ₹4.43T | Debt/Equity: 0.04  – Ethical pharma leader with global reach

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Maruti Suzuki

#6 Maruti Suzuki: Auto Sector Star 

– Market Cap: ₹3.64T | Debt-free  – Compliant auto manufacturing

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UltraTech Cement

#7 UltraTech Cement: Build India’s Future 

– Market Cap: ₹3.08T | Debt/Equity: 0.28 – Infrastructure growth with Sharia compliance

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Asian Paint

#8 Asian Paints: Colorful Returns 

– Market Cap: ₹2.71T | Debt/Equity: 0.14  – Permissible business, low debt

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Titan Company

#9 Titan: Luxury with Ethics 

– Market Cap: ₹3.03T | Debt-free  – Ethical luxury goods, zero interest

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How to Verify Halal Stock

Final Tip: Screen Before You Invest! 

– Use apps like Islamicly or Musaffa  – Monitor debt ratios and revenue sources . – Refer to Nifty Shariah Index 

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