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Home/Screener/SBIN
NSEBanking and Financial ServicesIndia
SBIN logo

State Bank of India

Non-Compliant
₹1,018

+0.02% today · Day ₹978 – ₹1,026 · NSE (public)

1/6Pass

This stock doesn't meet 5 Shariah rules. See below to understand why.

29/100
Non-Compliant

This stock doesn't meet 5 Shariah rules. See below to understand why.

Market Cap₹9.4 L
Revenue₹3.5 L
Total Debt₹6.2 L
Debt / Mcap73.06%
Non-Halal Income140.47%
SectorBanking and Financial Services
✦
Banking and Financial Services›Banking and Financial Services
▲
Large Cap›Market cap of ₹9.4 L
⇅
Higher Risk›Debt ratio 73.06%
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Price Chart
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52-Week Range57% from low
₹730₹1,018₹1,235
52-Week Low₹730
52-Week High₹1,235
Prev Close₹1,018

Multi-Methodology Screening

Screened against 3 international Shariah standards

ConsensusNon-Compliant0/3 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio73.1%/ 33.0%
Non-Halal Income140.5%/ 5.0%
Interest Income140.5%/ 5.0%
Receivables31.8%/ 33.0%
Cash & IB Securities10.4%/ 33.0%
SectorProhibited

Business sector is non-compliant (prohibited activity).

Debt is 73.1% of 36m avg market cap (limit: <33%).

Debt is 65.8% of current market cap (limit: <33%).

AAOIFI StandardsNon-Compliant
Debt Ratio8.5%/ 30.0%
Non-Halal Income140.5%/ 5.0%
Interest Income140.5%/ 5.0%
Receivables4.1%/ 49.0%
Cash & IB Securities10.4%/ 30.0%
SectorProhibited

Business sector is non-compliant (prohibited activity).

Non-permissible income is 140.5% of revenue (limit: <5%).

Interest income is 140.5% of revenue (limit: <5%).

FTSE Yasaar (Maxis)Non-Compliant
Debt Ratio8.5%/ 33.0%
Non-Halal Income140.5%/ 5.0%
Interest Income140.5%/ 5.0%
Receivables4.1%/ 50.0%
Cash & IB Securities10.4%/ 33.0%
SectorProhibited

Business sector is non-compliant (prohibited activity).

Non-permissible income is 140.5% of revenue (limit: <5%).

Interest income is 140.5% of revenue (limit: <5%).

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
73.06%
How much debt the company carriesLimit: 33.00%
Current debt
65.75%
Debt compared to current company valueLimit: 33.00%
Income purity
140.47%
How much income comes from non-halal sourcesLimit: 5.00%
Interest earned
140.47%

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KOTAKBANK logo
Interest income as portion of total revenueLimit: 5.00%
Money owed to company
31.83%
Outstanding receivables compared to company valueLimit: 33.00%
Cash & interest-bearing
10.36%
Cash and interest-bearing securities as a portion of total assetsLimit: 33.00%
Fixed Assets / Total Assets
0.63%
Asset composition indicatorNo hard threshold

Screening rules

Why it screened this way

✗

Business sector is non-compliant (prohibited activity).

✗

Debt is 73.1% of 36m avg market cap (limit: <33%).

✗

Debt is 65.8% of current market cap (limit: <33%).

✗

Non-permissible income is 140.5% of revenue (limit: <5%).

✗

Interest income is 140.5% of revenue (limit: <5%).

Screening results indicate whether this stock meets specific methodology criteria. They do not constitute a fatwa or religious ruling. Consult a qualified Shariah scholar for definitive guidance. View methodology
KOTAKBANK
Kotak Mahindra Bank Limited
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₹3.6 L