Is Sun TV Network Ltd. (SUNTV) Halal?

Sun TV Network Ltd. (SUNTV) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Liquidity: Cash 47.9% exceeds limit 33.33%.

What is the dividend purification rate for SUNTV?

The non-permissible dividend purification factor for Sun TV Network Ltd. is 4.87%.

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SUNTV

NSEMedia Entertainment & PublicationCap: ₹23942.61 Cr

Sun TV Network Ltd.

+5.2%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Liquidity: Cash 47.9% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹23942.61 Cr

P/E Ratio

15.5x

P/B Ratio

1.9x

52W High

₹673.95

52W Low

₹447.2

Div. Yield

329.00%

Shares O/S

39.41 Cr

Where Does the Money Come From?

Revenue breakdown for Sun TV Network Ltd.

Core Media Entertainment & Publication OperationsPermissible Operating Activity

Permissible: Core operations in Media Entertainment & Publication.

95.1%of Total Revenue

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

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

4.9%of Total Revenue

About Sun TV Network Ltd.

Permissible: Core operations in Media Entertainment & Publication.

Interest-Bearing Debt Ratio

0.77%Max: ≤ 33.0%

Cash & Securities Liquidity

47.9%Max: ≤ 33.0%

Impure Revenue Ratio

4.87%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Media Entertainment & Publication

Can't invest in SUNTV? Consider these instead

MSCI Verified

ZEEL

Zee Entertainment Enterprises Ltd.

HalalPurification: 1.32%

SAREGAMA

Saregama India Ltd

HalalPurification: 2.59%

Purification & Zakat Calculator

Calculate how much to donate for SUNTV

⚠️ Note: SUNTV 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.