Is NTPC Ltd. (NTPC) Halal?

NTPC Ltd. (NTPC) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 48.51% exceeds limit 33.33%.

What is the dividend purification rate for NTPC?

The non-permissible dividend purification factor for NTPC Ltd. is 1.33%.

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NTPC

NSEPowerCap: ₹3.07L Cr

NTPC Ltd.

-4.23%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Debt Ratio: 48.51% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹3.07L Cr

P/E Ratio

11.0x

P/B Ratio

1.5x

52W High

₹414.4

52W Low

₹292.05

Div. Yield

285.00%

Shares O/S

969.67 Cr

Where Does the Money Come From?

Revenue breakdown for NTPC 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 NTPC Ltd.

Permissible: Core operations in Power.

Interest-Bearing Debt Ratio

48.51%Max: ≤ 33.0%

Cash & Securities Liquidity

1.15%Max: ≤ 33.0%

Impure Revenue Ratio

1.33%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Power

Can't invest in NTPC? Consider these instead

MSCI Verified

JPPOWER

Jaiprakash Power Ventures Ltd.

HalalPurification: 3.27%

Purification & Zakat Calculator

Calculate how much to donate for NTPC

⚠️ Note: NTPC 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.