Is Coal India Ltd. (COALINDIA) Halal?

Coal India Ltd. (COALINDIA) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Impure Revenue: Non-permissible income 3.75% exceeds limit 3.0%.

What is the dividend purification rate for COALINDIA?

The non-permissible dividend purification factor for Coal India Ltd. is 3.75%.

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COALINDIA

NSEOil Gas & Consumable FuelsCap: ₹2.40L Cr

Coal India Ltd.

+1%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Impure Revenue: Non-permissible income 3.75% exceeds limit 3.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹2.40L Cr

P/E Ratio

7.2x

P/B Ratio

1.9x

52W High

₹491.25

52W Low

₹369.6

Div. Yield

1054.00%

Shares O/S

616.27 Cr

Where Does the Money Come From?

Revenue breakdown for Coal India Ltd.

Core Oil Gas & Consumable Fuels OperationsPermissible Operating Activity

Permissible: Core operations in Oil Gas & Consumable Fuels.

96.3%of Total Revenue

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

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

3.7%of Total Revenue

About Coal India Ltd.

Permissible: Core operations in Oil Gas & Consumable Fuels.

Interest-Bearing Debt Ratio

4.93%Max: ≤ 33.0%

Cash & Securities Liquidity

21.06%Max: ≤ 33.0%

Impure Revenue Ratio

3.75%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Oil Gas & Consumable Fuels

Can't invest in COALINDIA? Consider these instead

BSE_TASIS Verified

IGL

Indraprastha Gas Ltd.

HalalPurification: 1.24%

ONGC

Oil & Natural Gas Corporation Ltd.

HalalPurification: 0.68%

BPCL

Bharat Petroleum Corporation Ltd.

HalalPurification: 0.41%

Purification & Zakat Calculator

Calculate how much to donate for COALINDIA

⚠️ Note: COALINDIA 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.