Is AIA Engineering Ltd. (AIAENG) Halal?

AIA Engineering Ltd. (AIAENG) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Liquidity: Cash 51.24% exceeds limit 33.33%.

What is the dividend purification rate for AIAENG?

The non-permissible dividend purification factor for AIA Engineering Ltd. is 0.87%.

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AIAENG

NSECapital Goods

AIA Engineering Ltd.

-10.44%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Liquidity: Cash 51.24% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

N/A

P/E Ratio

26.5x

P/B Ratio

4.2x

52W High

₹5,180

52W Low

₹3,220

Div. Yield

45.00%

Shares O/S

N/A

Where Does the Money Come From?

Revenue breakdown for AIA Engineering Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

99.1%of Total Revenue

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

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

0.9%of Total Revenue

About AIA Engineering Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

0.12%Max: ≤ 33.0%

Cash & Securities Liquidity

51.24%Max: ≤ 33.0%

Impure Revenue Ratio

0.87%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 AIAENG

⚠️ Note: AIAENG 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.