Screening rules
Why it screened this way
✗
Debt is 69.8% of 36m avg market cap, exceeding the 33% threshold set by S&P.
✗
Debt is 62.8% of current market cap, exceeding the 33% threshold.
LSEMetals & MiningIndia
Glencore plc
Non-Compliant₹564
This stock doesn't meet 2 Shariah rules. See below to understand why.
68/100
Non-Compliant
This stock doesn't meet 2 Shariah rules. See below to understand why.
Market Cap₹66,028
Revenue₹2.5 L
Total Debt₹41,486
Debt / Mcap69.81%
Non-Halal Income0.21%
SectorMetals & Mining
Price Chart
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Multi-Methodology Screening
Screened against 4 international Shariah standards
ConsensusHalal2/4 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio69.8%/ 33.0%
Non-Halal Income0.2%/ 5.0%
Interest Income0.2%/ 5.0%
Receivables20.3%/ 33.0%
Cash & IB Securities2.1%/ 33.0%
SectorAllowed
Debt is 69.8% of 36m avg market cap, exceeding the 33% threshold set by S&P.
Debt is 62.8% of current market cap, exceeding the 33% threshold.
AAOIFI StandardsHalal
Debt Ratio29.2%/ 30.0%
Non-Halal Income0.2%/ 5.0%
Interest Income0.2%/ 5.0%
Receivables9.4%/ 49.0%
Cash & IB Securities2.1%/ 30.0%
SectorAllowed
FTSE Yasaar (Maxis)Halal
Debt Ratio29.2%/ 33.0%
Non-Halal Income0.2%/ 5.0%
Interest Income0.2%/ 5.0%
Receivables9.4%/ 50.0%
Cash & IB Securities2.1%/ 33.0%
SectorAllowed
Khatkhatay Independent NormsNon-Compliant
Debt Ratio29.2%/ 25.0%
Non-Halal Income0.2%/ 5.0%
Interest Income0.2%/ 5.0%
Receivables9.4%/ 100.0%
Cash & IB Securities2.1%/ 10.0%
SectorAllowed
Debt is 29.2% of total assets, exceeding the 25% threshold set by Independent.
Debt is 29.2% of current total assets, exceeding the 25% threshold.
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
69.81%Current debt
62.83%Income purity
0.21%Interest earned
0.21%Similar stocks
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