Is Torrent Power Ltd. (TORNTPOWER) Halal?

Torrent Power Ltd. (TORNTPOWER) 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 TORNTPOWER?

The non-permissible dividend purification factor for Torrent Power Ltd. is 0.43%.

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TORNTPOWER

NSEPowerCap: ₹59102.85 Cr

Torrent Power Ltd.

-10.39%YTD

AAOIFI MSCI DJIM BSE_TASIS

Shariah Compliant (Halal)

Evaluated using DJIM criteria

Purification Factor0.43%

Market Fundamentals

Live NSE/BSE

Market Cap

₹59102.85 Cr

P/E Ratio

25.4x

P/B Ratio

3.1x

52W High

₹1,824.1

52W Low

₹1,147.5

Div. Yield

171.00%

Shares O/S

50.39 Cr

Where Does the Money Come From?

Revenue breakdown for Torrent Power Ltd.

Core Power OperationsPermissible Operating Activity

Permissible: Core operations in Power.

99.6%of Total Revenue

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

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

0.4%of Total Revenue

About Torrent Power Ltd.

Permissible: Core operations in Power.

Interest-Bearing Debt Ratio

23.03%Max: ≤ 33.0%

Cash & Securities Liquidity

3.82%Max: ≤ 33.0%

Impure Revenue Ratio

0.43%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

Other Halal Stocks in Power

Similar companies that also pass Shariah screening

DJIM Verified

ADANIPOWER

Adani Power Ltd.

HalalPurification: 3.61%

Purification & Zakat Calculator

Calculate how much to donate for TORNTPOWER

How do you know your dividend amount?I know the total amountI know per-share dividend

Total Dividend Received (₹)

Purification Rate

0.43% of Gross Dividend

Gross Dividend₹1,000

Give Away as Sadaqah₹4.3Give this away without expecting reward

Your Clean Earnings₹995.7This is fully yours to keep