Is Thermax Ltd. (THERMAX) Halal?

Thermax Ltd. (THERMAX) is evaluated as Halal and Shariah-compliant under the AAOIFI standard. All financial ratios and business activity screening fall within permissible thresholds.

What is the dividend purification rate for THERMAX?

The non-permissible dividend purification factor for Thermax Ltd. is 1.04%.

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THERMAX

NSECapital GoodsCap: ₹35058.52 Cr

Thermax Ltd.

+2.01%YTD

AAOIFI MSCI DJIM BSE_TASIS

Shariah Compliant (Halal)

Evaluated using DJIM criteria

Purification Factor1.04%

Market Fundamentals

Live NSE/BSE

Market Cap

₹35058.52 Cr

P/E Ratio

59.1x

P/B Ratio

6.3x

52W High

₹5,277.8

52W Low

₹2,742.7

Div. Yield

45.00%

Shares O/S

11.26 Cr

Where Does the Money Come From?

Revenue breakdown for Thermax Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

99.0%of Total Revenue

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

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

1.0%of Total Revenue

About Thermax Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

6.52%Max: ≤ 33.0%

Cash & Securities Liquidity

6.76%Max: ≤ 33.0%

Impure Revenue Ratio

1.03%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

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Purification & Zakat Calculator

Calculate how much to donate for THERMAX

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Total Dividend Received (₹)

Purification Rate

1.04% of Gross Dividend

Gross Dividend₹1,000

Give Away as Sadaqah₹10.4Give this away without expecting reward

Your Clean Earnings₹989.6This is fully yours to keep