Is Rail Vikas Nigam Ltd. (RVNL) Halal?

Rail Vikas Nigam Ltd. (RVNL) is evaluated as Halal and Shariah-compliant under the AAOIFI standard. All financial ratios and business activity screening fall within permissible thresholds.

What is the dividend purification rate for RVNL?

The non-permissible dividend purification factor for Rail Vikas Nigam Ltd. is 1.2%.

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RVNL

NSEConstructionCap: ₹37461.56 Cr

Rail Vikas Nigam Ltd.

-49.99%YTD

AAOIFI MSCI DJIM BSE_TASIS

Shariah Compliant (Halal)

Evaluated using DJIM criteria

Purification Factor1.2%

Market Fundamentals

Live NSE/BSE

Market Cap

₹37461.56 Cr

P/E Ratio

41.7x

P/B Ratio

3.8x

52W High

₹400.7

52W Low

₹177.86

Div. Yield

95.00%

Shares O/S

208.50 Cr

Where Does the Money Come From?

Revenue breakdown for Rail Vikas Nigam Ltd.

Core Construction OperationsPermissible Operating Activity

Permissible: Core operations in Construction.

98.8%of Total Revenue

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

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

1.2%of Total Revenue

About Rail Vikas Nigam Ltd.

Permissible: Core operations in Construction.

Interest-Bearing Debt Ratio

12.08%Max: ≤ 33.0%

Cash & Securities Liquidity

1.59%Max: ≤ 33.0%

Impure Revenue Ratio

1.2%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

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Purification & Zakat Calculator

Calculate how much to donate for RVNL

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Total Dividend Received (₹)

Purification Rate

1.2% of Gross Dividend

Gross Dividend₹1,000

Give Away as Sadaqah₹12Give this away without expecting reward

Your Clean Earnings₹988This is fully yours to keep