Is Kirloskar Oil Eng Ltd. (KIRLOSENG) Halal?

Kirloskar Oil Eng Ltd. (KIRLOSENG) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 49.52% exceeds limit 33.0%.

What is the dividend purification rate for KIRLOSENG?

The non-permissible dividend purification factor for Kirloskar Oil Eng Ltd. is 0.34%.

Back to Search

KIRLOSENG

NSECapital GoodsCap: ₹26136.82 Cr

Kirloskar Oil Eng Ltd.

+46.53%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Debt Ratio: 49.52% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹26136.82 Cr

P/E Ratio

47.9x

P/B Ratio

7.2x

52W High

₹2,720

52W Low

₹933.2

Div. Yield

39.00%

Shares O/S

14.55 Cr

Where Does the Money Come From?

Revenue breakdown for Kirloskar Oil Eng Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

99.7%of Total Revenue

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

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

0.3%of Total Revenue

About Kirloskar Oil Eng Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

49.52%Max: ≤ 33.0%

Cash & Securities Liquidity

14.42%Max: ≤ 33.0%

Impure Revenue Ratio

0.34%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Capital Goods

Can't invest in KIRLOSENG? Consider these instead

BSE_TASIS Verified

TITAGARH

Titagarh Rail Systems Ltd.

HalalPurification: 1.21%

HEG

H.E.G. Ltd.

HalalPurification: 0.8%

APLAPOLLO

APL Apollo Tubes Ltd.

HalalPurification: 0.33%

Purification & Zakat Calculator

Calculate how much to donate for KIRLOSENG

⚠️ Note: KIRLOSENG 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.