Is Adani Energy Solutions Ltd. (ADANIENSOL) Halal?

Adani Energy Solutions Ltd. (ADANIENSOL) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 52.97% exceeds limit 33.33%.

What is the dividend purification rate for ADANIENSOL?

The non-permissible dividend purification factor for Adani Energy Solutions Ltd. is 1.83%.

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ADANIENSOL

NSEPowerCap: ₹1.65L Cr

Adani Energy Solutions Ltd.

+28.97%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Debt Ratio: 52.97% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹1.65L Cr

P/E Ratio

43.7x

P/B Ratio

5.2x

52W High

₹1,789

52W Low

₹803.1

Div. Yield

0.00%

Shares O/S

122.30 Cr

Where Does the Money Come From?

Revenue breakdown for Adani Energy Solutions Ltd.

Core Power OperationsPermissible Operating Activity

Permissible: Core operations in Power.

98.2%of Total Revenue

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

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

1.8%of Total Revenue

About Adani Energy Solutions Ltd.

Permissible: Core operations in Power.

Interest-Bearing Debt Ratio

52.97%Max: ≤ 33.0%

Cash & Securities Liquidity

5.39%Max: ≤ 33.0%

Impure Revenue Ratio

1.83%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Power

Can't invest in ADANIENSOL? Consider these instead

MSCI Verified

JPPOWER

Jaiprakash Power Ventures Ltd.

HalalPurification: 3.27%

Purification & Zakat Calculator

Calculate how much to donate for ADANIENSOL

⚠️ Note: ADANIENSOL 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.