Screening rules
Why it screened this way
✗
Meets all screening criteria under S&P Shariah Indices methodology.
USTechnologyIndia
Micron Technology, Inc.
Halal₹366
This stock passes all Shariah rules. You can invest with confidence. Check the numbers below for details.
100/100
HalalPurification: 1.33%
This stock passes all Shariah rules. You can invest with confidence. Check the numbers below for details.
Market Cap₹4.1 L
Revenue₹37,378
Total Debt₹15,278
Debt / Mcap4.11%
Non-Halal Income1.33%
SectorTechnology
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Multi-Methodology Screening
Screened against 4 international Shariah standards
ConsensusHalal3/4 pass
S&P Shariah IndicesHalal
Debt Ratio4.1%/ 33.0%
Non-Halal Income1.3%/ 5.0%
Interest Income1.3%/ 5.0%
Receivables2.2%/ 33.0%
Cash & IB Securities12.4%/ 33.0%
SectorAllowed
AAOIFI StandardsHalal
Debt Ratio18.4%/ 30.0%
Non-Halal Income1.3%/ 5.0%
Interest Income1.3%/ 5.0%
Receivables11.2%/ 49.0%
Cash & IB Securities12.4%/ 30.0%
SectorAllowed
FTSE Yasaar (Maxis)Halal
Debt Ratio18.4%/ 33.0%
Non-Halal Income1.3%/ 5.0%
Interest Income1.3%/ 5.0%
Receivables11.2%/ 50.0%
Cash & IB Securities12.4%/ 33.0%
SectorAllowed
Khatkhatay Independent NormsNon-Compliant
Debt Ratio18.4%/ 25.0%
Non-Halal Income1.3%/ 5.0%
Interest Income1.3%/ 5.0%
Receivables11.2%/ 100.0%
Cash & IB Securities12.4%/ 10.0%
SectorAllowed
Cash & interest-bearing securities are 12.4% of total assets, exceeding the 10% 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
4.11%Current debt
3.70%Income purity
1.33%Interest earned
1.33%Similar stocks
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