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JIOFIN

NSEFinancial ServicesCap: ₹1.40L Cr

Jio Financial Services Ltd.

-30.68%YTD

Non-Compliant (Not Permissible)

Evaluated using AAOIFI criteria

Reasons for Non-Compliance:
  • Sector Prohibition: Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.

Market Fundamentals

Live NSE/BSE
Market Cap
₹1.40L Cr
P/E Ratio
77.8x
P/B Ratio
1.1x
52W High
₹316.85
52W Low
₹202.51
Div. Yield
29.00%
Shares O/S
685.31 Cr

Where Does the Money Come From?

Revenue breakdown for Jio Financial Services Ltd.

Core Financial Services OperationsProhibited Core Activity

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

97.6%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

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

2.4%of Total Revenue
About Jio Financial Services Ltd.

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

Interest-Bearing Debt Ratio
14.97%Max: ≤ 33.0%
Cash & Securities Liquidity
11.57%Max: ≤ 33.0%
Impure Revenue Ratio
2.44%Max: ≤ 5.0%
Screening Denominator
30-Day Average Market Cap

Purification & Zakat Calculator

Calculate how much to donate for JIOFIN

⚠️ Note: JIOFIN 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.
Is Jio Financial Services Ltd. (JIOFIN) Halal? Shariah Compliance Status | Haq Finance