Is Swiggy Ltd. (SWIGGY) Halal?

Swiggy Ltd. (SWIGGY) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Liquidity: Cash 44.49% exceeds limit 33.0%.

What is the dividend purification rate for SWIGGY?

The non-permissible dividend purification factor for Swiggy Ltd. is 1.55%.

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SWIGGY

NSEConsumer ServicesCap: ₹46319.56 Cr

Swiggy Ltd.

-54.8%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Liquidity: Cash 44.49% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹46319.56 Cr

P/E Ratio

N/A

P/B Ratio

2.8x

52W High

₹421.6

52W Low

₹174.2

Div. Yield

0.00%

Shares O/S

262.29 Cr

Where Does the Money Come From?

Revenue breakdown for Swiggy Ltd.

Core Consumer Services OperationsPermissible Operating Activity

Permissible: Core operations in Consumer Services.

98.4%of Total Revenue

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

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

1.6%of Total Revenue

About Swiggy Ltd.

Permissible: Core operations in Consumer Services.

Interest-Bearing Debt Ratio

10.11%Max: ≤ 33.0%

Cash & Securities Liquidity

44.49%Max: ≤ 33.0%

Impure Revenue Ratio

1.55%Max: ≤ 5.0%

Screening Denominator

Total Assets

Halal Alternatives in Consumer Services

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HalalPurification: 1.3%

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HalalPurification: 1.09%

CHALET

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HalalPurification: 0.9%

Purification & Zakat Calculator

Calculate how much to donate for SWIGGY

⚠️ Note: SWIGGY 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.