Is Adani Enterprises Ltd. (ADANIENT) Halal?

Adani Enterprises Ltd. (ADANIENT) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 40.76% exceeds limit 33.33%.

What is the dividend purification rate for ADANIENT?

The non-permissible dividend purification factor for Adani Enterprises Ltd. is 1.43%.

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ADANIENT

NSEMetals & MiningCap: ₹3.49L Cr

Adani Enterprises Ltd.

+14.18%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Debt Ratio: 40.76% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹3.49L Cr

P/E Ratio

55.0x

P/B Ratio

3.6x

52W High

₹3,245

52W Low

₹1,753

Div. Yield

5.00%

Shares O/S

135.29 Cr

Where Does the Money Come From?

Revenue breakdown for Adani Enterprises Ltd.

Core Metals & Mining OperationsPermissible Operating Activity

Permissible: Core operations in Metals & Mining.

98.6%of Total Revenue

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

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

1.4%of Total Revenue

About Adani Enterprises Ltd.

Permissible: Core operations in Metals & Mining.

Interest-Bearing Debt Ratio

40.76%Max: ≤ 33.0%

Cash & Securities Liquidity

3.83%Max: ≤ 33.0%

Impure Revenue Ratio

1.43%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Metals & Mining

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HalalPurification: 0.34%

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HalalPurification: 1.86%

GRAVITA

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HalalPurification: 0.72%

Purification & Zakat Calculator

Calculate how much to donate for ADANIENT

⚠️ Note: ADANIENT 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.