Screening rules
Why it screened this way
✗
Non-permissible income is 167.9% of revenue, exceeding the 5% limit under S&P.
✗
Interest income is 167.9% of revenue, exceeding the 5% limit under S&P.
NSEFinancial ServicesIndia
Tamilnad Mercantile Bank Limited
Non-Compliant₹624
+2.88% today · Day ₹598 – ₹627 · NSE (public)
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₹9,876
Revenue₹3,151
Total Debt₹500
Debt / Mcap5.63%
Non-Halal Income167.90%
SectorFinancial Services
Price Chart
Loading chart...
52-Week Range70% from low
52-Week Low₹401
52-Week High₹721
Prev Close₹607
Multi-Methodology Screening
Screened against 4 international Shariah standards
ConsensusNon-Compliant0/4 pass
S&P Shariah IndicesNon-Compliant
Debt Ratio5.6%/ 33.0%
Non-Halal Income167.9%/ 5.0%
Interest Income167.9%/ 5.0%
Receivables6.0%/ 33.0%
Cash & IB Securities9.1%/ 33.0%
SectorAllowed
Non-permissible income is 167.9% of revenue, exceeding the 5% limit under S&P.
Interest income is 167.9% of revenue, exceeding the 5% limit under S&P.
AAOIFI StandardsNon-Compliant
Debt Ratio0.8%/ 30.0%
Non-Halal Income167.9%/ 5.0%
Interest Income167.9%/ 5.0%
Receivables0.9%/ 49.0%
Cash & IB Securities9.1%/ 30.0%
SectorAllowed
Non-permissible income is 167.9% of revenue, exceeding the 5% limit under AAOIFI.
Interest income is 167.9% of revenue, exceeding the 5% limit under AAOIFI.
FTSE Yasaar (Maxis)Non-Compliant
Debt Ratio0.8%/ 33.0%
Non-Halal Income167.9%/ 5.0%
Interest Income167.9%/ 5.0%
Receivables0.9%/ 50.0%
Cash & IB Securities9.1%/ 33.0%
SectorAllowed
Non-permissible income is 167.9% of revenue, exceeding the 5% limit under FTSE.
Interest income is 167.9% of revenue, exceeding the 5% limit under FTSE.
Khatkhatay Independent NormsNon-Compliant
Debt Ratio0.8%/ 25.0%
Non-Halal Income167.9%/ 5.0%
Interest Income167.9%/ 5.0%
Receivables0.9%/ 100.0%
Cash & IB Securities9.1%/ 10.0%
SectorAllowed
Non-permissible income is 167.9% of revenue, exceeding the 5% limit under Independent.
Interest income is 167.9% 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
5.63%Current debt
5.06%Income purity
167.90%Interest earned
167.90%Similar stocks
Other stocks in Financial Services