Is Narayana Hrudayalaya Ltd. (NH) Halal?

Narayana Hrudayalaya Ltd. (NH) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 46.96% exceeds limit 33.0%.

What is the dividend purification rate for NH?

The non-permissible dividend purification factor for Narayana Hrudayalaya Ltd. is 0.76%.

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NH

NSEHealthcareCap: ₹34937.24 Cr

Narayana Hrudayalaya Ltd.

-10.88%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Debt Ratio: 46.96% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹34937.24 Cr

P/E Ratio

40.4x

P/B Ratio

7.7x

52W High

₹2,093.3

52W Low

₹1,589

Div. Yield

26.00%

Shares O/S

20.31 Cr

Where Does the Money Come From?

Revenue breakdown for Narayana Hrudayalaya Ltd.

Core Healthcare OperationsPermissible Operating Activity

Permissible: Core operations in Healthcare.

99.2%of Total Revenue

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

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

0.8%of Total Revenue

About Narayana Hrudayalaya Ltd.

Permissible: Core operations in Healthcare.

Interest-Bearing Debt Ratio

46.96%Max: ≤ 33.0%

Cash & Securities Liquidity

20.31%Max: ≤ 33.0%

Impure Revenue Ratio

0.76%Max: ≤ 5.0%

Screening Denominator

Total Assets

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HalalPurification: 0.64%

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HalalPurification: 0.13%

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HalalPurification: 1.57%

Purification & Zakat Calculator

Calculate how much to donate for NH

⚠️ Note: NH 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.