Screening rules
Why it screened this way
✗
No hard-rule violations detected.
USHealthcareIndia
Medtronic plc
Cautious₹87
We can't fully confirm this stock yet — it needs a manual check by a scholar or compliance expert.
92/100
Cautious
We can't fully confirm this stock yet — it needs a manual check by a scholar or compliance expert.
Market Cap₹1.1 L
Revenue₹33,537
Total Debt₹28,516
Debt / Mcap28.49%
Non-Halal Income2.15%
SectorHealthcare
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Multi-Methodology Screening
Screened against 4 international Shariah standards
ConsensusNon-Compliant0/4 pass
S&P Shariah IndicesCautious
Debt Ratio28.5%/ 33.0%
Non-Halal Income2.1%/ 5.0%
Interest Income2.1%/ 5.0%
Receivables5.9%/ 33.0%
Cash & IB Securities9.8%/ 33.0%
SectorAllowed
AAOIFI StandardsNon-Compliant
Debt Ratio31.1%/ 30.0%
Non-Halal Income2.1%/ 5.0%
Interest Income2.1%/ 5.0%
Receivables7.1%/ 49.0%
Cash & IB Securities9.8%/ 30.0%
SectorAllowed
Debt is 31.1% of total assets, exceeding the 30% threshold set by AAOIFI.
Debt is 31.1% of current total assets, exceeding the 30% threshold.
FTSE Yasaar (Maxis)Cautious
Debt Ratio31.1%/ 33.0%
Non-Halal Income2.1%/ 5.0%
Interest Income2.1%/ 5.0%
Receivables7.1%/ 50.0%
Cash & IB Securities9.8%/ 33.0%
SectorAllowed
Khatkhatay Independent NormsNon-Compliant
Debt Ratio31.1%/ 25.0%
Non-Halal Income2.1%/ 5.0%
Interest Income2.1%/ 5.0%
Receivables7.1%/ 100.0%
Cash & IB Securities9.8%/ 10.0%
SectorAllowed
Debt is 31.1% of total assets, exceeding the 25% threshold set by Independent.
Debt is 31.1% 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
28.49%Current debt
25.64%Income purity
2.15%Interest earned
2.15%Similar stocks
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