Is Triveni Turbine Ltd. (TRITURBINE) Halal?

Triveni Turbine Ltd. (TRITURBINE) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Liquidity: Cash 34.82% exceeds limit 33.33%.

What is the dividend purification rate for TRITURBINE?

The non-permissible dividend purification factor for Triveni Turbine Ltd. is 1.78%.

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TRITURBINE

NSECapital GoodsCap: ₹14943.17 Cr

Triveni Turbine Ltd.

-11.82%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using MSCI criteria

Reasons for Non-Compliance:

Liquidity: Cash 34.82% exceeds limit 33.33%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹14943.17 Cr

P/E Ratio

44.5x

P/B Ratio

10.3x

52W High

₹787.6

52W Low

₹428.35

Div. Yield

85.00%

Shares O/S

31.79 Cr

Where Does the Money Come From?

Revenue breakdown for Triveni Turbine Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

98.2%of Total Revenue

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

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

1.8%of Total Revenue

About Triveni Turbine Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

1.44%Max: ≤ 33.0%

Cash & Securities Liquidity

34.82%Max: ≤ 33.0%

Impure Revenue Ratio

1.78%Max: ≤ 5.0%

Screening Denominator

Total Assets

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HalalPurification: 1.21%

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HalalPurification: 0.8%

APLAPOLLO

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HalalPurification: 0.33%

Purification & Zakat Calculator

Calculate how much to donate for TRITURBINE

⚠️ Note: TRITURBINE 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.