Screening rules
Why it screened this way
✗
Cash & interest-bearing securities are 37.8% of total assets, exceeding the 33% limit under S&P.
NSEBasic MaterialsIndia
Fine Organic Industries Limited
Non-Compliant₹4,365
+4.82% today · Day ₹4,073 – ₹4,382 · NSE (public)
This stock doesn't meet 1 Shariah rule. See below to understand why.
85/100
Non-Compliant
This stock doesn't meet 1 Shariah rule. See below to understand why.
Market Cap₹13,378
Revenue₹2,269
Total Debt₹3
Debt / Mcap0.02%
Non-Halal Income3.20%
SectorBasic Materials
Price Chart
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52-Week Range40% from low
52-Week Low₹3,600
52-Week High₹5,494
Prev Close₹4,164
Multi-Methodology Screening
Screened against 4 international Shariah standards
ConsensusNon-Compliant0/4 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio0.0%/ 33.0%
Non-Halal Income3.2%/ 5.0%
Interest Income3.2%/ 5.0%
Receivables2.5%/ 33.0%
Cash & IB Securities37.8%/ 33.0%
SectorAllowed
Cash & interest-bearing securities are 37.8% of total assets, exceeding the 33% limit under S&P.
AAOIFI StandardsNon-Compliant
Debt Ratio0.1%/ 30.0%
Non-Halal Income3.2%/ 5.0%
Interest Income3.2%/ 5.0%
Receivables13.2%/ 49.0%
Cash & IB Securities37.8%/ 30.0%
SectorAllowed
Cash & interest-bearing securities are 37.8% of total assets, exceeding the 30% limit under AAOIFI.
FTSE Yasaar (Maxis)Non-Compliant
Debt Ratio0.1%/ 33.0%
Non-Halal Income3.2%/ 5.0%
Interest Income3.2%/ 5.0%
Receivables13.2%/ 50.0%
Cash & IB Securities37.8%/ 33.0%
SectorAllowed
Cash & interest-bearing securities are 37.8% of total assets, exceeding the 33% limit under FTSE.
Khatkhatay Independent NormsNon-Compliant
Debt Ratio0.1%/ 25.0%
Non-Halal Income3.2%/ 5.0%
Interest Income3.2%/ 5.0%
Receivables13.2%/ 100.0%
Cash & IB Securities37.8%/ 10.0%
SectorAllowed
Interest income is 3.2% of revenue, exceeding the 3% limit under Independent.
Cash & interest-bearing securities are 37.8% of total assets, exceeding the 10% limit under Independent.
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
0.02%Current debt
0.02%Income purity
3.20%Interest earned
3.20%Similar stocks
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