Is Cochin Shipyard Ltd. (COCHINSHIP) Halal?

Cochin Shipyard Ltd. (COCHINSHIP) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Impure Revenue: Non-permissible income 3.5% exceeds limit 3.0%.

What is the dividend purification rate for COCHINSHIP?

The non-permissible dividend purification factor for Cochin Shipyard Ltd. is 3.5%.

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COCHINSHIP

NSECapital GoodsCap: ₹29312.46 Cr

Cochin Shipyard Ltd.

-31.1%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Impure Revenue: Non-permissible income 3.5% exceeds limit 3.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹29312.46 Cr

P/E Ratio

43.1x

P/B Ratio

5.0x

52W High

₹1,842.8

52W Low

₹1,101.2

Div. Yield

81.00%

Shares O/S

26.31 Cr

Where Does the Money Come From?

Revenue breakdown for Cochin Shipyard Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

96.5%of Total Revenue

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

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

3.5%of Total Revenue

About Cochin Shipyard Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

11.51%Max: ≤ 33.0%

Cash & Securities Liquidity

1.62%Max: ≤ 33.0%

Impure Revenue Ratio

3.5%Max: ≤ 5.0%

Screening Denominator

Total Assets

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Can't invest in COCHINSHIP? Consider these instead

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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 COCHINSHIP

⚠️ Note: COCHINSHIP 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.