Is Welspun Corp Ltd. (WELCORP) Halal?

Welspun Corp Ltd. (WELCORP) 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 WELCORP?

The non-permissible dividend purification factor for Welspun Corp Ltd. is 0.65%.

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WELCORP

NSECapital GoodsCap: ₹61748.92 Cr

Welspun Corp Ltd.

+193.91%YTD

AAOIFI MSCI DJIM BSE_TASIS

Shariah Compliant (Halal)

Evaluated using BSE_TASIS criteria

Purification Factor0.65%

Market Fundamentals

Live NSE/BSE

Market Cap

₹61748.92 Cr

P/E Ratio

26.1x

P/B Ratio

5.8x

52W High

₹2,900

52W Low

₹710

Div. Yield

21.00%

Shares O/S

26.37 Cr

Where Does the Money Come From?

Revenue breakdown for Welspun Corp Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

99.4%of Total Revenue

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

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

0.6%of Total Revenue

About Welspun Corp Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

11.54%Max: ≤ 33.0%

Cash & Securities Liquidity

18.42%Max: ≤ 33.0%

Impure Revenue Ratio

0.65%Max: ≤ 5.0%

Screening Denominator

Total Assets

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Purification & Zakat Calculator

Calculate how much to donate for WELCORP

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Total Dividend Received (₹)

Purification Rate

0.65% of Gross Dividend

Gross Dividend₹1,000

Give Away as Sadaqah₹6.5Give this away without expecting reward

Your Clean Earnings₹993.5This is fully yours to keep