Is Indiamart Intermesh Ltd. (INDIAMART) Halal?

Indiamart Intermesh Ltd. (INDIAMART) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Liquidity: Cash 67.47% exceeds limit 33.33%.

What is the dividend purification rate for INDIAMART?

The non-permissible dividend purification factor for Indiamart Intermesh Ltd. is 0.59%.

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INDIAMART

NSEConsumer ServicesCap: ₹8943.76 Cr

Indiamart Intermesh Ltd.

-30.26%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Liquidity: Cash 67.47% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹8943.76 Cr

P/E Ratio

17.9x

P/B Ratio

3.9x

52W High

₹2,525.9

52W Low

₹1,465.4

Div. Yield

202.00%

Shares O/S

6.01 Cr

Where Does the Money Come From?

Revenue breakdown for Indiamart Intermesh Ltd.

Core Consumer Services OperationsPermissible Operating Activity

Permissible: Core operations in Consumer Services.

99.4%of Total Revenue

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

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

0.6%of Total Revenue

About Indiamart Intermesh Ltd.

Permissible: Core operations in Consumer Services.

Interest-Bearing Debt Ratio

0.5%Max: ≤ 33.0%

Cash & Securities Liquidity

67.47%Max: ≤ 33.0%

Impure Revenue Ratio

0.59%Max: ≤ 5.0%

Screening Denominator

Total Assets

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Purification & Zakat Calculator

Calculate how much to donate for INDIAMART

⚠️ Note: INDIAMART 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.