Is Grasim Industries Ltd. (GRASIM) Halal?

Grasim Industries Ltd. (GRASIM) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 115.08% exceeds limit 33.0%.

What is the dividend purification rate for GRASIM?

The non-permissible dividend purification factor for Grasim Industries Ltd. is 0.22%.

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GRASIM

NSEConstruction MaterialsCap: ₹2.02L Cr

Grasim Industries Ltd.

+4.87%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using AAOIFI criteria

Reasons for Non-Compliance:

Debt Ratio: 115.08% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹2.02L Cr

P/E Ratio

35.6x

P/B Ratio

2.0x

52W High

₹3,411.1

52W Low

₹2,502.5

Div. Yield

34.00%

Shares O/S

67.82 Cr

Where Does the Money Come From?

Revenue breakdown for Grasim Industries Ltd.

Core Construction Materials OperationsPermissible Operating Activity

Permissible: Core operations in Construction Materials.

99.8%of Total Revenue

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

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

0.2%of Total Revenue

About Grasim Industries Ltd.

Permissible: Core operations in Construction Materials.

Interest-Bearing Debt Ratio

115.08%Max: ≤ 33.0%

Cash & Securities Liquidity

16.04%Max: ≤ 33.0%

Impure Revenue Ratio

0.22%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

Halal Alternatives in Construction Materials

Can't invest in GRASIM? Consider these instead

AAOIFI Verified

JKCEMENT

J.K. Cement Ltd.

HalalPurification: 1.2%

JSWCEMENT

JSW Cement Ltd.

HalalPurification: 0.98%

DALBHARAT

Dalmia Bharat Ltd.

HalalPurification: 0.35%

Purification & Zakat Calculator

Calculate how much to donate for GRASIM

⚠️ Note: GRASIM 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.