Is SJVN Ltd. (SJVN) Halal?

SJVN Ltd. (SJVN) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 153.12% exceeds limit 33.0%. Impure Revenue: Non-permissible income 9.47% exceeds limit 5.0%.

What is the dividend purification rate for SJVN?

The non-permissible dividend purification factor for SJVN Ltd. is 9.47%.

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SJVN

NSEPowerCap: ₹20981.18 Cr

SJVN Ltd.

-27.07%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using DJIM criteria

Reasons for Non-Compliance:

Debt Ratio: 153.12% exceeds limit 33.0%.
Impure Revenue: Non-permissible income 9.47% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹20981.18 Cr

P/E Ratio

21.2x

P/B Ratio

1.5x

52W High

₹88.83

52W Low

₹46.08

Div. Yield

281.00%

Shares O/S

392.98 Cr

Where Does the Money Come From?

Revenue breakdown for SJVN Ltd.

Core Power OperationsPermissible Operating Activity

Permissible: Core operations in Power.

90.5%of Total Revenue

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

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

9.5%of Total Revenue

About SJVN Ltd.

Permissible: Core operations in Power.

Interest-Bearing Debt Ratio

153.12%Max: ≤ 33.0%

Cash & Securities Liquidity

10.13%Max: ≤ 33.0%

Impure Revenue Ratio

9.47%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

Halal Alternatives in Power

Can't invest in SJVN? Consider these instead

DJIM Verified

ADANIPOWER

Adani Power Ltd.

HalalPurification: 3.61%

Purification & Zakat Calculator

Calculate how much to donate for SJVN

⚠️ Note: SJVN 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.