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Home/Screener/SOUTHBANK
NSEFinancial ServicesIndia
SOUTHBANK logo

The South Indian Bank Limited

Non-Compliant
₹37

+1.27% today · Day ₹35 – ₹37 · NSE (public)

1/6Pass

This stock doesn't meet 3 Shariah rules. See below to understand why.

41/100
Non-Compliant

This stock doesn't meet 3 Shariah rules. See below to understand why.

Market Cap₹9,617
Revenue₹5,303
Total Debt₹2,600
Debt / Mcap30.05%
Non-Halal Income177.60%
SectorFinancial Services
✦
Financial Services›Financial Services
▲
Small Cap›Market cap of ₹9,617
⇅
Higher Risk›Debt ratio 30.05%
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Price Chart
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52-Week Range59% from low
₹22₹37₹47
52-Week Low₹22
52-Week High₹47
Prev Close₹36

Multi-Methodology Screening

Screened against 4 international Shariah standards

ConsensusNon-Compliant0/4 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio30.0%/ 33.0%
Non-Halal Income177.6%/ 5.0%
Interest Income177.6%/ 5.0%
Receivables111.1%/ 33.0%
Cash & IB Securities8.0%/ 33.0%
SectorAllowed

Non-permissible income is 177.6% of revenue, exceeding the 5% limit under S&P.

Interest income is 177.6% of revenue, exceeding the 5% limit under S&P.

Receivables are 111.1% of market cap, exceeding the 33% threshold under S&P.

AAOIFI StandardsNon-Compliant
Debt Ratio2.1%/ 30.0%
Non-Halal Income177.6%/ 5.0%
Interest Income177.6%/ 5.0%
Receivables8.6%/ 49.0%
Cash & IB Securities8.0%/ 30.0%
SectorAllowed

Non-permissible income is 177.6% of revenue, exceeding the 5% limit under AAOIFI.

Interest income is 177.6% of revenue, exceeding the 5% limit under AAOIFI.

FTSE Yasaar (Maxis)Non-Compliant
Debt Ratio2.1%/ 33.0%
Non-Halal Income177.6%/ 5.0%
Interest Income177.6%/ 5.0%
Receivables8.6%/ 50.0%
Cash & IB Securities8.0%/ 33.0%
SectorAllowed

Non-permissible income is 177.6% of revenue, exceeding the 5% limit under FTSE.

Interest income is 177.6% of revenue, exceeding the 5% limit under FTSE.

Khatkhatay Independent NormsNon-Compliant
Debt Ratio2.1%/ 25.0%
Non-Halal Income177.6%/ 5.0%
Interest Income177.6%/ 5.0%
Receivables8.6%/ 100.0%
Cash & IB Securities8.0%/ 10.0%
SectorAllowed

Non-permissible income is 177.6% of revenue, exceeding the 5% limit under Independent.

Interest income is 177.6% of revenue, exceeding the 3% 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
30.05%
How much debt the company carriesLimit: 33.00%
Current debt
27.04%
Debt compared to current company valueLimit: 33.00%
Income purity
177.60%
How much income comes from non-halal sourcesLimit: 5.00%
Interest earned
177.60%

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Interest income as portion of total revenueLimit: 5.00%
Money owed to company
111.07%
Outstanding receivables compared to company valueLimit: 33.00%
Cash & interest-bearing
8.03%
Cash and interest-bearing securities as a portion of total assetsLimit: 33.00%
Fixed Assets / Total Assets
0.82%
Asset composition indicatorNo hard threshold

Screening rules

Why it screened this way

✗

Non-permissible income is 177.6% of revenue, exceeding the 5% limit under S&P.

✗

Interest income is 177.6% of revenue, exceeding the 5% limit under S&P.

✗

Receivables are 111.1% of market cap, exceeding the 33% threshold under S&P.

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
Non-Compliant
₹735+1.27%
₹4.6 L