Is Tata Steel Ltd. (TATASTEEL) Halal?

Tata Steel Ltd. (TATASTEEL) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 42.63% exceeds limit 33.0%.

What is the dividend purification rate for TATASTEEL?

The non-permissible dividend purification factor for Tata Steel Ltd. is 0.32%.

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TATASTEEL

NSEMetals & MiningCap: ₹2.09L Cr

Tata Steel Ltd.

-5.96%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using AAOIFI criteria

Reasons for Non-Compliance:

Debt Ratio: 42.63% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹2.09L Cr

P/E Ratio

18.9x

P/B Ratio

2.0x

52W High

₹224.4

52W Low

₹160.06

Div. Yield

239.00%

Shares O/S

1247.43 Cr

Where Does the Money Come From?

Revenue breakdown for Tata Steel Ltd.

Core Metals & Mining OperationsPermissible Operating Activity

Permissible: Core operations in Metals & Mining.

99.7%of Total Revenue

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

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

0.3%of Total Revenue

About Tata Steel Ltd.

Permissible: Core operations in Metals & Mining.

Interest-Bearing Debt Ratio

42.63%Max: ≤ 33.0%

Cash & Securities Liquidity

5.57%Max: ≤ 33.0%

Impure Revenue Ratio

0.32%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

Halal Alternatives in Metals & Mining

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HalalPurification: 1.86%

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HalalPurification: 0.72%

HINDCOPPER

Hindustan Copper Ltd.

HalalPurification: 0.8%

Purification & Zakat Calculator

Calculate how much to donate for TATASTEEL

⚠️ Note: TATASTEEL 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.