Is Brigade Enterprises Ltd. (BRIGADE) Halal?

Brigade Enterprises Ltd. (BRIGADE) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 37.57% exceeds limit 33.0%.

What is the dividend purification rate for BRIGADE?

The non-permissible dividend purification factor for Brigade Enterprises Ltd. is 2.99%.

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BRIGADE

NSERealtyCap: ₹17192.02 Cr

Brigade Enterprises Ltd.

-21.35%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using DJIM criteria

Reasons for Non-Compliance:

Debt Ratio: 37.57% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹17192.02 Cr

P/E Ratio

23.7x

P/B Ratio

2.4x

52W High

₹795

52W Low

₹450.75

Div. Yield

38.00%

Shares O/S

32.62 Cr

Where Does the Money Come From?

Revenue breakdown for Brigade Enterprises Ltd.

Core Realty OperationsPermissible Operating Activity

Permissible: Core operations in Realty.

97.0%of Total Revenue

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

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

3.0%of Total Revenue

About Brigade Enterprises Ltd.

Permissible: Core operations in Realty.

Interest-Bearing Debt Ratio

37.57%Max: ≤ 33.0%

Cash & Securities Liquidity

14.7%Max: ≤ 33.0%

Impure Revenue Ratio

2.99%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

Halal Alternatives in Realty

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HalalPurification: 1.54%

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HalalPurification: 2.52%

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HalalPurification: 3.7%

Purification & Zakat Calculator

Calculate how much to donate for BRIGADE

⚠️ Note: BRIGADE 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.