Is NCC Ltd. (NCC) Halal?

NCC Ltd. (NCC) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 44.2% exceeds limit 33.0%.

What is the dividend purification rate for NCC?

The non-permissible dividend purification factor for NCC Ltd. is 0.44%.

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NCC

NSEConstructionCap: ₹7189.47 Cr

NCC Ltd.

-28.05%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using AAOIFI criteria

Reasons for Non-Compliance:

Debt Ratio: 44.2% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹7189.47 Cr

P/E Ratio

10.3x

P/B Ratio

0.9x

52W High

₹217.25

52W Low

₹113.5

Div. Yield

192.00%

Shares O/S

62.78 Cr

Where Does the Money Come From?

Revenue breakdown for NCC Ltd.

Core Construction OperationsPermissible Operating Activity

Permissible: Core operations in Construction.

99.6%of Total Revenue

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

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

0.4%of Total Revenue

About NCC Ltd.

Permissible: Core operations in Construction.

Interest-Bearing Debt Ratio

44.2%Max: ≤ 33.0%

Cash & Securities Liquidity

27.93%Max: ≤ 33.0%

Impure Revenue Ratio

0.44%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

Halal Alternatives in Construction

Can't invest in NCC? Consider these instead

AAOIFI Verified

RITES

RITES Ltd.

HalalPurification: 3.07%

NBCC

NBCC (India) Ltd.

HalalPurification: 3.1%

ENGINERSIN

Engineers India Ltd.

HalalPurification: 2.57%

Purification & Zakat Calculator

Calculate how much to donate for NCC

⚠️ Note: NCC 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.