Is Affle 3i Ltd. (AFFLE) Halal?

Affle 3i Ltd. (AFFLE) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Liquidity: Cash 39.58% exceeds limit 33.33%.

What is the dividend purification rate for AFFLE?

The non-permissible dividend purification factor for Affle 3i Ltd. is 1.71%.

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AFFLE

NSEInformation TechnologyCap: ₹19277.86 Cr

Affle 3i Ltd.

-24.68%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Liquidity: Cash 39.58% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹19277.86 Cr

P/E Ratio

38.3x

P/B Ratio

5.2x

52W High

₹1,952.3

52W Low

₹1,251.3

Div. Yield

0.00%

Shares O/S

14.37 Cr

Where Does the Money Come From?

Revenue breakdown for Affle 3i Ltd.

Core Information Technology OperationsPermissible Operating Activity

Permissible: Core operations in Information Technology.

98.3%of Total Revenue

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

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

1.7%of Total Revenue

About Affle 3i Ltd.

Permissible: Core operations in Information Technology.

Interest-Bearing Debt Ratio

0.33%Max: ≤ 33.0%

Cash & Securities Liquidity

39.58%Max: ≤ 33.0%

Impure Revenue Ratio

1.71%Max: ≤ 5.0%

Screening Denominator

Total Assets

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HalalPurification: 0.98%

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HalalPurification: 2.09%

Purification & Zakat Calculator

Calculate how much to donate for AFFLE

⚠️ Note: AFFLE 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.