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NAM-INDIA

NSEFinancial ServicesCap: ₹57923.80 Cr

Nippon Life India Asset Management Ltd.

+5.62%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 59.7% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹57923.80 Cr
P/E Ratio
36.4x
P/B Ratio
12.1x
52W High
₹1,269.5
52W Low
₹795.8
Div. Yield
243.00%
Shares O/S
64.00 Cr

Where Does the Money Come From?

Revenue breakdown for Nippon Life India Asset Management Ltd.

Core Financial Services OperationsProhibited Core Activity

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

98.7%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

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

1.3%of Total Revenue
About Nippon Life India Asset Management Ltd.

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

Interest-Bearing Debt Ratio
1.45%Max: ≤ 33.0%
Cash & Securities Liquidity
59.7%Max: ≤ 33.0%
Impure Revenue Ratio
1.32%Max: ≤ 5.0%
Screening Denominator
Total Assets

Purification & Zakat Calculator

Calculate how much to donate for NAM-INDIA

⚠️ Note: NAM-INDIA 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.