Is Nava Ltd. (NAVA) Halal?

Nava Ltd. (NAVA) is evaluated as Halal and Shariah-compliant under the AAOIFI standard. All financial ratios and business activity screening fall within permissible thresholds.

What is the dividend purification rate for NAVA?

The non-permissible dividend purification factor for Nava Ltd. is 1.34%.

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NAVA

NSEPowerCap: ₹14414.94 Cr

Nava Ltd.

-9.11%YTD

AAOIFI MSCI DJIM BSE_TASIS

Shariah Compliant (Halal)

Evaluated using DJIM criteria

Purification Factor1.34%

Market Fundamentals

Live NSE/BSE

Market Cap

₹14414.94 Cr

P/E Ratio

19.0x

P/B Ratio

1.6x

52W High

₹739.4

52W Low

₹456

Div. Yield

167.00%

Shares O/S

28.33 Cr

Where Does the Money Come From?

Revenue breakdown for Nava Ltd.

Core Power OperationsPermissible Operating Activity

Permissible: Core operations in Power.

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 Nava Ltd.

Permissible: Core operations in Power.

Interest-Bearing Debt Ratio

14.8%Max: ≤ 33.0%

Cash & Securities Liquidity

23.21%Max: ≤ 33.0%

Impure Revenue Ratio

1.34%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

Other Halal Stocks in Power

Similar companies that also pass Shariah screening

DJIM Verified

ADANIPOWER

Adani Power Ltd.

HalalPurification: 3.61%

Purification & Zakat Calculator

Calculate how much to donate for NAVA

How do you know your dividend amount?I know the total amountI know per-share dividend

Total Dividend Received (₹)

Purification Rate

1.34% of Gross Dividend

Gross Dividend₹1,000

Give Away as Sadaqah₹13.4Give this away without expecting reward

Your Clean Earnings₹986.6This is fully yours to keep