Is ABB India Ltd. (ABB) Halal?

ABB India Ltd. (ABB) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Liquidity: Cash 42.73% exceeds limit 33.0%.

What is the dividend purification rate for ABB?

The non-permissible dividend purification factor for ABB India Ltd. is 2.67%.

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ABB

NSECapital GoodsCap: ₹1.36L Cr

ABB India Ltd.

+25.86%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Liquidity: Cash 42.73% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹1.36L Cr

P/E Ratio

87.4x

P/B Ratio

14.6x

52W High

₹7,924.5

52W Low

₹4,637.5

Div. Yield

46.00%

Shares O/S

21.19 Cr

Where Does the Money Come From?

Revenue breakdown for ABB India Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

97.3%of Total Revenue

Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

2.7%of Total Revenue

About ABB India Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

0.62%Max: ≤ 33.0%

Cash & Securities Liquidity

42.73%Max: ≤ 33.0%

Impure Revenue Ratio

2.67%Max: ≤ 5.0%

Screening Denominator

Total Assets

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HalalPurification: 1.21%

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HalalPurification: 0.8%

APLAPOLLO

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HalalPurification: 0.33%

Purification & Zakat Calculator

Calculate how much to donate for ABB

⚠️ Note: ABB is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.