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Home/Screener/CHOLAFIN
NSEFinancial ServicesIndia
CHOLAFIN logo

Cholamandalam Investment and Finance Company Limited

Non-Compliant
₹1,355

-1.35% today · Day ₹1,299 – ₹1,364 · NSE (public)

2/6Pass

This stock doesn't meet 4 Shariah rules. See below to understand why.

34/100
Non-Compliant

This stock doesn't meet 4 Shariah rules. See below to understand why.

Market Cap₹1.2 L
Revenue₹13,411
Total Debt₹1.8 L
Debt / Mcap168.83%
Non-Halal Income177.40%
SectorFinancial Services
✦
Financial Services›Financial Services
▲
Large Cap›Market cap of ₹1.2 L
⇅
Higher Risk›Debt ratio 168.83%
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Price Chart
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52-Week Range10% from low
₹1,299₹1,355₹1,832
52-Week Low₹1,299
52-Week High₹1,832
Prev Close₹1,374

Multi-Methodology Screening

Screened against 3 international Shariah standards

ConsensusNon-Compliant0/3 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio168.8%/ 33.0%
Non-Halal Income177.4%/ 5.0%
Interest Income177.4%/ 5.0%
Receivables0.9%/ 33.0%
Cash & IB Securities6.2%/ 33.0%
SectorAllowed

Debt is 168.8% of 36m avg market cap (limit: <33%).

Debt is 151.9% of current market cap (limit: <33%).

Non-permissible income is 177.4% of revenue (limit: <5%).

AAOIFI StandardsNon-Compliant
Debt Ratio87.0%/ 30.0%
Non-Halal Income177.4%/ 5.0%
Interest Income177.4%/ 5.0%
Receivables0.5%/ 49.0%
Cash & IB Securities6.2%/ 30.0%
SectorAllowed

Debt is 87.0% of total assets (limit: <30%).

Debt is 87.0% of current total assets (limit: <30%).

Non-permissible income is 177.4% of revenue (limit: <5%).

FTSE Yasaar (Maxis)Non-Compliant
Debt Ratio87.0%/ 33.0%
Non-Halal Income177.4%/ 5.0%
Interest Income177.4%/ 5.0%
Receivables0.5%/ 50.0%
Cash & IB Securities6.2%/ 33.0%
SectorAllowed

Debt is 87.0% of total assets (limit: <33%).

Debt is 87.0% of current total assets (limit: <33%).

Non-permissible income is 177.4% of revenue (limit: <5%).

Each methodology uses different denominators and thresholds. A stock may be compliant under one standard but not another. The consensus reflects the majority verdict across all three.

Compliance check

Green = safe, amber = close to limit, red = over the limit

Debt level
168.83%
How much debt the company carriesLimit: 33.00%
Current debt
151.95%
Debt compared to current company valueLimit: 33.00%
Income purity
177.40%
How much income comes from non-halal sourcesLimit: 5.00%
Interest earned
177.40%

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JIOFIN logo
Interest income as portion of total revenueLimit: 5.00%
Money owed to company
0.93%
Outstanding receivables compared to company valueLimit: 33.00%
Cash & interest-bearing
6.16%
Cash and interest-bearing securities as a portion of total assetsLimit: 33.00%
Fixed Assets / Total Assets
0.87%
Asset composition indicatorNo hard threshold

Screening rules

Why it screened this way

✗

Debt is 168.8% of 36m avg market cap (limit: <33%).

✗

Debt is 151.9% of current market cap (limit: <33%).

✗

Non-permissible income is 177.4% of revenue (limit: <5%).

✗

Interest income is 177.4% of revenue (limit: <5%).

Screening results indicate whether this stock meets specific methodology criteria. They do not constitute a fatwa or religious ruling. Consult a qualified Shariah scholar for definitive guidance. View methodology
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