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IREDA
NSEFinancial ServicesCap: ₹27951.85 CrIndian Renewable Energy Development Agency Ltd.
-27.75%YTD
Non-Compliant (Not Permissible)
Evaluated using AAOIFI criteria
Reasons for Non-Compliance:
- Sector Prohibition: Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.
- Debt Ratio: 263.3% exceeds limit 33.0%.
Market Fundamentals
Market Cap
₹27951.85 CrP/E Ratio
14.2xP/B Ratio
1.9x52W High
₹153.7452W Low
₹98.78Div. Yield
151.00%Shares O/S
280.92 CrWhere Does the Money Come From?
Revenue breakdown for Indian Renewable Energy Development Agency Ltd.
Core Financial Services OperationsProhibited Core Activity
Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.
97.9%of Total Revenue
Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)
Non-operating interest income earned from cash and fixed deposits. Requires purification.
2.1%of Total Revenue
About Indian Renewable Energy Development Agency Ltd.
Non-Permissible: Financial Services operates on interest intermediation (Riba) or prohibited credit risk.
Interest-Bearing Debt Ratio
263.3%Max: ≤ 33.0%
Cash & Securities Liquidity
2.54%Max: ≤ 33.0%
Impure Revenue Ratio
2.08%Max: ≤ 5.0%
Screening Denominator
30-Day Average Market Cap
Purification & Zakat Calculator
Calculate how much to donate for IREDA
⚠️ Note: IREDA is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.