Is Jaiprakash Power Ventures Ltd. (JPPOWER) Halal?

Jaiprakash Power Ventures Ltd. (JPPOWER) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 34.78% exceeds limit 33.0%.

What is the dividend purification rate for JPPOWER?

The non-permissible dividend purification factor for Jaiprakash Power Ventures Ltd. is 3.27%.

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JPPOWER

NSEPowerCap: ₹8717.60 Cr

Jaiprakash Power Ventures Ltd.

-27.77%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using AAOIFI criteria

Reasons for Non-Compliance:

Debt Ratio: 34.78% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹8717.60 Cr

P/E Ratio

23.1x

P/B Ratio

1.1x

52W High

₹24.5

52W Low

₹12.5

Div. Yield

0.00%

Shares O/S

685.35 Cr

Where Does the Money Come From?

Revenue breakdown for Jaiprakash Power Ventures Ltd.

Core Power OperationsPermissible Operating Activity

Permissible: Core operations in Power.

96.7%of Total Revenue

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

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

3.3%of Total Revenue

About Jaiprakash Power Ventures Ltd.

Permissible: Core operations in Power.

Interest-Bearing Debt Ratio

34.78%Max: ≤ 33.0%

Cash & Securities Liquidity

20.94%Max: ≤ 33.0%

Impure Revenue Ratio

3.27%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

Halal Alternatives in Power

Can't invest in JPPOWER? Consider these instead

AAOIFI Verified

ADANIPOWER

Adani Power Ltd.

HalalPurification: 3.61%

Purification & Zakat Calculator

Calculate how much to donate for JPPOWER

⚠️ Note: JPPOWER 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.