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MCX

NSEFinancial Services

Multi Commodity Exchange of India Ltd.

+45.45%YTD

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:
  • Sector Prohibition: Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.
  • Liquidity: Cash 43.15% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE
Market Cap
N/A
P/E Ratio
66.6x
P/B Ratio
19.3x
52W High
₹3,481.4
52W Low
₹1,762.1
Div. Yield
25.00%
Shares O/S
N/A

Where Does the Money Come From?

Revenue breakdown for Multi Commodity Exchange of India Ltd.

Core Financial Services OperationsProhibited Core Activity

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

95.9%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

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

4.1%of Total Revenue
About Multi Commodity Exchange of India Ltd.

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

Interest-Bearing Debt Ratio
0.06%Max: ≤ 33.0%
Cash & Securities Liquidity
43.15%Max: ≤ 33.0%
Impure Revenue Ratio
4.08%Max: ≤ 5.0%
Screening Denominator
Total Assets

Purification & Zakat Calculator

Calculate how much to donate for MCX

⚠️ Note: MCX 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 Multi Commodity Exchange of India Ltd. (MCX) Halal? Shariah Compliance Status | Haq Finance