Is Glaxosmithkline Pharmaceuticals Ltd. (GLAXO) Halal?

Glaxosmithkline Pharmaceuticals Ltd. (GLAXO) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Liquidity: Cash 63.75% exceeds limit 33.33%.

What is the dividend purification rate for GLAXO?

The non-permissible dividend purification factor for Glaxosmithkline Pharmaceuticals Ltd. is 1.49%.

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GLAXO

NSEHealthcareCap: ₹42254.95 Cr

Glaxosmithkline Pharmaceuticals Ltd.

+4.15%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Liquidity: Cash 63.75% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹42254.95 Cr

P/E Ratio

39.6x

P/B Ratio

18.6x

52W High

₹3,120.7

52W Low

₹2,088.1

Div. Yield

229.00%

Shares O/S

16.94 Cr

Where Does the Money Come From?

Revenue breakdown for Glaxosmithkline Pharmaceuticals Ltd.

Core Healthcare OperationsPermissible Operating Activity

Permissible: Core operations in Healthcare.

98.5%of Total Revenue

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

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

1.5%of Total Revenue

About Glaxosmithkline Pharmaceuticals Ltd.

Permissible: Core operations in Healthcare.

Interest-Bearing Debt Ratio

0.77%Max: ≤ 33.0%

Cash & Securities Liquidity

63.75%Max: ≤ 33.0%

Impure Revenue Ratio

1.49%Max: ≤ 5.0%

Screening Denominator

Total Assets

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HalalPurification: 0.13%

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HalalPurification: 1.57%

Purification & Zakat Calculator

Calculate how much to donate for GLAXO

⚠️ Note: GLAXO 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.