Is Gland Pharma Ltd. (GLAND) Halal?

Gland Pharma Ltd. (GLAND) is evaluated as Halal and Shariah-compliant under the AAOIFI standard. All financial ratios and business activity screening fall within permissible thresholds.

What is the dividend purification rate for GLAND?

The non-permissible dividend purification factor for Gland Pharma Ltd. is 3.21%.

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GLAND

NSEHealthcareCap: ₹51085.71 Cr

Gland Pharma Ltd.

+81.87%YTD

AAOIFI MSCI DJIM BSE_TASIS

Shariah Compliant (Halal)

Evaluated using MSCI criteria

Purification Factor3.21%

Market Fundamentals

Live NSE/BSE

Market Cap

₹51085.71 Cr

P/E Ratio

45.2x

P/B Ratio

4.9x

52W High

₹3,171

52W Low

₹1,573.6

Div. Yield

65.00%

Shares O/S

16.50 Cr

Where Does the Money Come From?

Revenue breakdown for Gland Pharma Ltd.

Core Healthcare OperationsPermissible Operating Activity

Permissible: Core operations in Healthcare.

96.8%of Total Revenue

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

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

3.2%of Total Revenue

About Gland Pharma Ltd.

Permissible: Core operations in Healthcare.

Interest-Bearing Debt Ratio

2.27%Max: ≤ 33.0%

Cash & Securities Liquidity

27.44%Max: ≤ 33.0%

Impure Revenue Ratio

3.21%Max: ≤ 5.0%

Screening Denominator

Total Assets

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Purification & Zakat Calculator

Calculate how much to donate for GLAND

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Total Dividend Received (₹)

Purification Rate

3.21% of Gross Dividend

Gross Dividend₹1,000

Give Away as Sadaqah₹32.1Give this away without expecting reward

Your Clean Earnings₹967.9This is fully yours to keep