Screening rules
Why it screened this way
✗
Business sector involves prohibited activities under S&P screening criteria.
USDefenceIndia
Lockheed Martin Corporation
Non-Compliant₹623
This stock doesn't meet 1 Shariah rule. See below to understand why.
100/100
Non-Compliant
This stock doesn't meet 1 Shariah rule. See below to understand why.
Market Cap₹1.4 L
Revenue₹75,048
Total Debt₹21,700
Debt / Mcap16.80%
Non-Halal Income1.50%
SectorDefence
Price Chart
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Multi-Methodology Screening
Screened against 4 international Shariah standards
ConsensusNon-Compliant0/4 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio16.8%/ 33.0%
Non-Halal Income1.5%/ 5.0%
Interest Income1.5%/ 5.0%
Receivables11.8%/ 33.0%
Cash & IB Securities6.9%/ 33.0%
SectorProhibited
Business sector involves prohibited activities under S&P screening criteria.
AAOIFI StandardsNon-Compliant
Debt Ratio36.3%/ 30.0%
Non-Halal Income1.5%/ 5.0%
Interest Income1.5%/ 5.0%
Receivables28.2%/ 49.0%
Cash & IB Securities6.9%/ 30.0%
SectorProhibited
Business sector involves prohibited activities under AAOIFI screening criteria.
Debt is 36.3% of total assets, exceeding the 30% threshold set by AAOIFI.
Debt is 36.3% of current total assets, exceeding the 30% threshold.
FTSE Yasaar (Maxis)Non-Compliant
Debt Ratio36.3%/ 33.0%
Non-Halal Income1.5%/ 5.0%
Interest Income1.5%/ 5.0%
Receivables28.2%/ 50.0%
Cash & IB Securities6.9%/ 33.0%
SectorProhibited
Business sector involves prohibited activities under FTSE screening criteria.
Debt is 36.3% of total assets, exceeding the 33% threshold set by FTSE.
Debt is 36.3% of current total assets, exceeding the 33% threshold.
Khatkhatay Independent NormsNon-Compliant
Debt Ratio36.3%/ 25.0%
Non-Halal Income1.5%/ 5.0%
Interest Income1.5%/ 5.0%
Receivables28.2%/ 100.0%
Cash & IB Securities6.9%/ 10.0%
SectorProhibited
Business sector involves prohibited activities under Independent screening criteria.
Debt is 36.3% of total assets, exceeding the 25% threshold set by Independent.
Debt is 36.3% 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
16.80%Current debt
15.12%Income purity
1.50%Interest earned
1.50%Similar stocks
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