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Home/Screener/IDFCFIRSTB
NSEBanking and Financial ServicesIndia
IDFCFIRSTB logo

IDFC First Bank Limited

Non-Compliant
₹60

+0.52% today · Day ₹58 – ₹61 · NSE (public)

2/6Pass

This stock doesn't meet 5 Shariah rules. See below to understand why.

34/100
Non-Compliant

This stock doesn't meet 5 Shariah rules. See below to understand why.

Market Cap₹51,799
Revenue₹26,402
Total Debt₹33,124
Debt / Mcap71.05%
Non-Halal Income138.20%
SectorBanking and Financial Services
✦
Banking and Financial Services›Banking and Financial Services
▲
Mid Cap›Market cap of ₹51,799
⇅
Higher Risk›Debt ratio 71.05%
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Price Chart
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52-Week Range23% from low
₹52₹60₹87
52-Week Low₹52
52-Week High₹87
Prev Close₹60

Multi-Methodology Screening

Screened against 3 international Shariah standards

ConsensusNon-Compliant0/3 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio71.0%/ 33.0%
Non-Halal Income138.2%/ 5.0%
Interest Income138.2%/ 5.0%
Receivables13.7%/ 33.0%
Cash & IB Securities5.5%/ 33.0%
SectorProhibited

Business sector is non-compliant (prohibited activity).

Debt is 71.1% of 36m avg market cap (limit: <33%).

Debt is 63.9% of current market cap (limit: <33%).

AAOIFI StandardsNon-Compliant
Debt Ratio9.6%/ 30.0%
Non-Halal Income138.2%/ 5.0%
Interest Income138.2%/ 5.0%
Receivables2.1%/ 49.0%
Cash & IB Securities5.5%/ 30.0%
SectorProhibited

Business sector is non-compliant (prohibited activity).

Non-permissible income is 138.2% of revenue (limit: <5%).

Interest income is 138.2% of revenue (limit: <5%).

FTSE Yasaar (Maxis)Non-Compliant
Debt Ratio9.6%/ 33.0%
Non-Halal Income138.2%/ 5.0%
Interest Income138.2%/ 5.0%
Receivables2.1%/ 50.0%
Cash & IB Securities5.5%/ 33.0%
SectorProhibited

Business sector is non-compliant (prohibited activity).

Non-permissible income is 138.2% of revenue (limit: <5%).

Interest income is 138.2% 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
71.05%
How much debt the company carriesLimit: 33.00%
Current debt
63.95%
Debt compared to current company valueLimit: 33.00%
Income purity
138.20%
How much income comes from non-halal sourcesLimit: 5.00%
Interest earned
138.20%

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AXISBANK
Interest income as portion of total revenueLimit: 5.00%
Money owed to company
13.72%
Outstanding receivables compared to company valueLimit: 33.00%
Cash & interest-bearing
5.54%
Cash and interest-bearing securities as a portion of total assetsLimit: 33.00%
Fixed Assets / Total Assets
0.80%
Asset composition indicatorNo hard threshold

Screening rules

Why it screened this way

✗

Business sector is non-compliant (prohibited activity).

✗

Debt is 71.1% of 36m avg market cap (limit: <33%).

✗

Debt is 63.9% of current market cap (limit: <33%).

✗

Non-permissible income is 138.2% of revenue (limit: <5%).

✗

Interest income is 138.2% 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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