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IEX

NSEFinancial ServicesCap: ₹8973.04 Cr

Indian Energy Exchange Ltd.

-22.24%YTD

Non-Compliant (Not Permissible)

Evaluated using DJIM criteria

Reasons for Non-Compliance:
  • Sector Prohibition: Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.
  • Impure Revenue: Non-permissible income 10.21% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹8973.04 Cr
P/E Ratio
17.2x
P/B Ratio
6.2x
52W High
₹160.27
52W Low
₹99.5
Div. Yield
396.00%
Shares O/S
88.93 Cr

Where Does the Money Come From?

Revenue breakdown for Indian Energy Exchange Ltd.

Core Financial Services OperationsProhibited Core Activity

Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.

89.8%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

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

10.2%of Total Revenue
About Indian Energy Exchange Ltd.

Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.

Interest-Bearing Debt Ratio
0.12%Max: ≤ 33.0%
Cash & Securities Liquidity
15.68%Max: ≤ 33.0%
Impure Revenue Ratio
10.21%Max: ≤ 5.0%
Screening Denominator
30-Day Average Market Cap

Purification & Zakat Calculator

Calculate how much to donate for IEX

⚠️ Note: IEX 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.