Is NHPC Ltd. (NHPC) Halal?

NHPC Ltd. (NHPC) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 45.5% exceeds limit 33.33%. Impure Revenue: Non-permissible income 7.98% exceeds limit 5.0%.

What is the dividend purification rate for NHPC?

The non-permissible dividend purification factor for NHPC Ltd. is 7.98%.

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NHPC

NSEPowerCap: ₹78090.10 Cr

NHPC Ltd.

-0.25%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Debt Ratio: 45.5% exceeds limit 33.33%.
Impure Revenue: Non-permissible income 7.98% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹78090.10 Cr

P/E Ratio

20.6x

P/B Ratio

1.9x

52W High

₹86.83

52W Low

₹68.79

Div. Yield

207.00%

Shares O/S

1004.50 Cr

Where Does the Money Come From?

Revenue breakdown for NHPC Ltd.

Core Power OperationsPermissible Operating Activity

Permissible: Core operations in Power.

92.0%of Total Revenue

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

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

8.0%of Total Revenue

About NHPC Ltd.

Permissible: Core operations in Power.

Interest-Bearing Debt Ratio

45.5%Max: ≤ 33.0%

Cash & Securities Liquidity

2.94%Max: ≤ 33.0%

Impure Revenue Ratio

7.98%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Power

Can't invest in NHPC? Consider these instead

MSCI Verified

JPPOWER

Jaiprakash Power Ventures Ltd.

HalalPurification: 3.27%

Purification & Zakat Calculator

Calculate how much to donate for NHPC

⚠️ Note: NHPC 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.