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SBIN

NSEFinancial ServicesCap: ₹8.88L Cr

State Bank of India

-0.56%YTD

Non-Compliant (Not Permissible)

Evaluated using AAOIFI criteria

Reasons for Non-Compliance:
  • Sector Prohibition: Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.
  • Debt Ratio: 82.19% exceeds limit 33.0%.
  • Liquidity: Cash 75.43% exceeds limit 33.0%.
  • Impure Revenue: Non-permissible income 134.9% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE
Market Cap
₹8.88L Cr
P/E Ratio
10.3x
P/B Ratio
1.4x
52W High
₹1,234.7
52W Low
₹933.9
Div. Yield
180.00%
Shares O/S
923.08 Cr

Where Does the Money Come From?

Revenue breakdown for State Bank of India

Core Financial Services OperationsProhibited Core Activity

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

0.0%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

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

134.9%of Total Revenue
About State Bank of India

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

Interest-Bearing Debt Ratio
82.19%Max: ≤ 33.0%
Cash & Securities Liquidity
75.43%Max: ≤ 33.0%
Impure Revenue Ratio
134.9%Max: ≤ 5.0%
Screening Denominator
30-Day Average Market Cap

Purification & Zakat Calculator

Calculate how much to donate for SBIN

⚠️ Note: SBIN 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.
Is State Bank of India (SBIN) Halal? Shariah Compliance Status | Haq Finance