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MAHABANK

NSEFinancial ServicesCap: ₹62578.49 Cr

Bank of Maharashtra

+31.79%YTD
AAOIFIMSCIDJIMBSE_TASIS

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.
  • Debt Ratio: 56.82% exceeds limit 33.0%.
  • Liquidity: Cash 44.75% exceeds limit 33.0%.
  • Impure Revenue: Non-permissible income 185.43% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹62578.49 Cr
P/E Ratio
7.8x
P/B Ratio
1.7x
52W High
₹94.5
52W Low
₹55.51
Div. Yield
270.00%
Shares O/S
769.16 Cr

Where Does the Money Come From?

Revenue breakdown for Bank of Maharashtra

Core Financial Services OperationsProhibited Core Activity

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

0.0%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

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

185.4%of Total Revenue
About Bank of Maharashtra

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

Interest-Bearing Debt Ratio
56.82%Max: ≤ 33.0%
Cash & Securities Liquidity
44.75%Max: ≤ 33.0%
Impure Revenue Ratio
185.43%Max: ≤ 5.0%
Screening Denominator
30-Day Average Market Cap

Purification & Zakat Calculator

Calculate how much to donate for MAHABANK

⚠️ Note: MAHABANK 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.