Is ITC Hotels Ltd. (ITCHOTELS) Halal?

ITC Hotels Ltd. (ITCHOTELS) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Impure Revenue: Non-permissible income 3.95% exceeds limit 3.0%.

What is the dividend purification rate for ITCHOTELS?

The non-permissible dividend purification factor for ITC Hotels Ltd. is 3.95%.

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ITCHOTELS

NSEConsumer ServicesCap: ₹34824.79 Cr

ITC Hotels Ltd.

-14.38%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Impure Revenue: Non-permissible income 3.95% exceeds limit 3.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹34824.79 Cr

P/E Ratio

37.3x

P/B Ratio

3.0x

52W High

₹218.2

52W Low

₹137.3

Div. Yield

60.00%

Shares O/S

208.32 Cr

Where Does the Money Come From?

Revenue breakdown for ITC Hotels Ltd.

Core Consumer Services OperationsPermissible Operating Activity

Permissible: Core operations in Consumer Services.

96.1%of Total Revenue

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

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

3.9%of Total Revenue

About ITC Hotels Ltd.

Permissible: Core operations in Consumer Services.

Interest-Bearing Debt Ratio

0.55%Max: ≤ 33.0%

Cash & Securities Liquidity

11.8%Max: ≤ 33.0%

Impure Revenue Ratio

3.95%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Consumer Services

Can't invest in ITCHOTELS? Consider these instead

BSE_TASIS Verified

ZOMATO

Eternal Limited (Zomato)

HalalPurification: 1.3%

LENSKART

Lenskart Solutions Ltd.

HalalPurification: 1.09%

CHALET

Chalet Hotels Ltd.

HalalPurification: 0.9%

Purification & Zakat Calculator

Calculate how much to donate for ITCHOTELS

⚠️ Note: ITCHOTELS 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.