Screening rules
Why it screened this way
✗
Debt is 64.7% of 36m avg market cap, exceeding the 33% threshold set by S&P.
✗
Debt is 58.2% of current market cap, exceeding the 33% threshold.
NSEUtilitiesIndia
JSW Energy Limited
Non-Compliant₹487
+0.59% today · Day ₹466 – ₹494 · NSE (public)
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₹86,243
Revenue₹11,484
Total Debt₹50,186
Debt / Mcap64.66%
Non-Halal Income3.36%
SectorUtilities
Price Chart
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52-Week Range46% from low
52-Week Low₹428
52-Week High₹557
Prev Close₹484
Multi-Methodology Screening
Screened against 4 international Shariah standards
ConsensusNon-Compliant0/4 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio64.7%/ 33.0%
Non-Halal Income3.4%/ 5.0%
Interest Income3.4%/ 5.0%
Receivables1.5%/ 33.0%
Cash & IB Securities6.3%/ 33.0%
SectorAllowed
Debt is 64.7% of 36m avg market cap, exceeding the 33% threshold set by S&P.
Debt is 58.2% of current market cap, exceeding the 33% threshold.
AAOIFI StandardsNon-Compliant
Debt Ratio55.8%/ 30.0%
Non-Halal Income3.4%/ 5.0%
Interest Income3.4%/ 5.0%
Receivables1.5%/ 49.0%
Cash & IB Securities6.3%/ 30.0%
SectorAllowed
Debt is 55.8% of total assets, exceeding the 30% threshold set by AAOIFI.
Debt is 55.8% of current total assets, exceeding the 30% threshold.
FTSE Yasaar (Maxis)Non-Compliant
Debt Ratio55.8%/ 33.0%
Non-Halal Income3.4%/ 5.0%
Interest Income3.4%/ 5.0%
Receivables1.5%/ 50.0%
Cash & IB Securities6.3%/ 33.0%
SectorAllowed
Debt is 55.8% of total assets, exceeding the 33% threshold set by FTSE.
Debt is 55.8% of current total assets, exceeding the 33% threshold.
Khatkhatay Independent NormsNon-Compliant
Debt Ratio55.8%/ 25.0%
Non-Halal Income3.4%/ 5.0%
Interest Income3.4%/ 5.0%
Receivables1.5%/ 100.0%
Cash & IB Securities6.3%/ 10.0%
SectorAllowed
Debt is 55.8% of total assets, exceeding the 25% threshold set by Independent.
Debt is 55.8% of current total assets, exceeding the 25% threshold.
Interest income is 3.4% of revenue, exceeding the 3% 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
64.66%Current debt
58.19%Income purity
3.36%Interest earned
3.36%Similar stocks
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