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NIACL

NSEFinancial ServicesCap: ₹26193.31 Cr

The New India Assurance Company Ltd.

+3.04%YTD
AAOIFIMSCIDJIMBSE_TASIS

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.
  • Impure Revenue: Non-permissible income 10.78% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹26193.31 Cr
P/E Ratio
34.0x
P/B Ratio
0.7x
52W High
₹242.6
52W Low
₹116.97
Div. Yield
94.00%
Shares O/S
164.80 Cr

Where Does the Money Come From?

Revenue breakdown for The New India Assurance Company Ltd.

Core Financial Services OperationsProhibited Core Activity

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

89.2%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

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

10.8%of Total Revenue
About The New India Assurance Company Ltd.

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

Interest-Bearing Debt Ratio
16.52%Max: ≤ 33.0%
Cash & Securities Liquidity
21.02%Max: ≤ 33.0%
Impure Revenue Ratio
10.78%Max: ≤ 5.0%
Screening Denominator
Total Assets

Purification & Zakat Calculator

Calculate how much to donate for NIACL

⚠️ Note: NIACL 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.