Is Container Corporation of India Ltd. (CONCOR) Halal?

Container Corporation of India Ltd. (CONCOR) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Impure Revenue: Non-permissible income 3.99% exceeds limit 3.0%.

What is the dividend purification rate for CONCOR?

The non-permissible dividend purification factor for Container Corporation of India Ltd. is 3.99%.

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CONCOR

NSEServicesCap: ₹31519.56 Cr

Container Corporation of India Ltd.

-20.13%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Impure Revenue: Non-permissible income 3.99% exceeds limit 3.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹31519.56 Cr

P/E Ratio

25.3x

P/B Ratio

2.4x

52W High

₹553

52W Low

₹404.25

Div. Yield

208.00%

Shares O/S

76.16 Cr

Where Does the Money Come From?

Revenue breakdown for Container Corporation of India Ltd.

Core Services OperationsPermissible Operating Activity

Permissible: Core operations in Services.

96.0%of Total Revenue

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

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

4.0%of Total Revenue

About Container Corporation of India Ltd.

Permissible: Core operations in Services.

Interest-Bearing Debt Ratio

6.2%Max: ≤ 33.0%

Cash & Securities Liquidity

22.67%Max: ≤ 33.0%

Impure Revenue Ratio

3.99%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Services

Can't invest in CONCOR? Consider these instead

BSE_TASIS Verified

BLUEDART

Blue Dart Express Ltd.

HalalPurification: 0.12%

REDINGTON

Redington Ltd.

HalalPurification: 0.1%

FSL

Firstsource Solutions Ltd.

HalalPurification: 0.04%

Purification & Zakat Calculator

Calculate how much to donate for CONCOR

⚠️ Note: CONCOR 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.