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HAL

NSECapital GoodsCap: ₹3.25L Cr

Hindustan Aeronautics Ltd.

+11.51%YTD
AAOIFIMSCIDJIMBSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:
  • Liquidity: Cash 34.89% exceeds limit 33.33%.
  • Impure Revenue: Non-permissible income 9.71% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹3.25L Cr
P/E Ratio
34.8x
P/B Ratio
7.9x
52W High
₹5,149.9
52W Low
₹3,479.1
Div. Yield
93.00%
Shares O/S
66.88 Cr

Where Does the Money Come From?

Revenue breakdown for Hindustan Aeronautics Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

90.3%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

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

9.7%of Total Revenue
About Hindustan Aeronautics Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio
0.01%Max: ≤ 33.0%
Cash & Securities Liquidity
34.89%Max: ≤ 33.0%
Impure Revenue Ratio
9.71%Max: ≤ 5.0%
Screening Denominator
Total Assets

Halal Alternatives in Capital Goods

Can't invest in HAL? Consider these instead

MSCI Verified
TITAGARH

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HalalPurification: 1.21%
HEG

H.E.G. Ltd.

HalalPurification: 0.8%
APLAPOLLO

APL Apollo Tubes Ltd.

HalalPurification: 0.33%

Purification & Zakat Calculator

Calculate how much to donate for HAL

⚠️ Note: HAL 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.