Screening rules
Why it screened this way
✗
Debt is 41.5% of 36m avg market cap, exceeding the 33% threshold set by S&P.
✗
Debt is 37.4% of current market cap, exceeding the 33% threshold.
USEnergyIndia
Occidental Petroleum Corporation
Non-Compliant₹63
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₹62,447
Revenue₹21,593
Total Debt₹23,351
Debt / Mcap41.55%
Non-Halal Income1.07%
SectorEnergy
Price Chart
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Multi-Methodology Screening
Screened against 4 international Shariah standards
ConsensusHalal2/4 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio41.5%/ 33.0%
Non-Halal Income1.1%/ 5.0%
Interest Income1.1%/ 5.0%
Receivables5.2%/ 33.0%
Cash & IB Securities5.3%/ 33.0%
SectorAllowed
Debt is 41.5% of 36m avg market cap, exceeding the 33% threshold set by S&P.
Debt is 37.4% of current market cap, exceeding the 33% threshold.
AAOIFI StandardsHalal
Debt Ratio27.7%/ 30.0%
Non-Halal Income1.1%/ 5.0%
Interest Income1.1%/ 5.0%
Receivables3.9%/ 49.0%
Cash & IB Securities5.3%/ 30.0%
SectorAllowed
FTSE Yasaar (Maxis)Halal
Debt Ratio27.7%/ 33.0%
Non-Halal Income1.1%/ 5.0%
Interest Income1.1%/ 5.0%
Receivables3.9%/ 50.0%
Cash & IB Securities5.3%/ 33.0%
SectorAllowed
Khatkhatay Independent NormsNon-Compliant
Debt Ratio27.7%/ 25.0%
Non-Halal Income1.1%/ 5.0%
Interest Income1.1%/ 5.0%
Receivables3.9%/ 100.0%
Cash & IB Securities5.3%/ 10.0%
SectorAllowed
Debt is 27.7% of total assets, exceeding the 25% threshold set by Independent.
Debt is 27.7% 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
41.55%Current debt
37.39%Income purity
1.07%Interest earned
1.07%Similar stocks
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