Is C.E. Info Systems Ltd. (MAPMYINDIA) Halal?

C.E. Info Systems Ltd. (MAPMYINDIA) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Impure Revenue: Non-permissible income 5.44% exceeds limit 5.0%.

What is the dividend purification rate for MAPMYINDIA?

The non-permissible dividend purification factor for C.E. Info Systems Ltd. is 5.44%.

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MAPMYINDIA

NSEInformation TechnologyCap: ₹4356.36 Cr

C.E. Info Systems Ltd.

-53.94%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using AAOIFI criteria

Reasons for Non-Compliance:

Impure Revenue: Non-permissible income 5.44% exceeds limit 5.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹4356.36 Cr

P/E Ratio

31.8x

P/B Ratio

4.8x

52W High

₹1,839

52W Low

₹790.05

Div. Yield

44.00%

Shares O/S

5.48 Cr

Where Does the Money Come From?

Revenue breakdown for C.E. Info Systems Ltd.

Core Information Technology OperationsPermissible Operating Activity

Permissible: Core operations in Information Technology.

94.6%of Total Revenue

Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

5.4%of Total Revenue

About C.E. Info Systems Ltd.

Permissible: Core operations in Information Technology.

Interest-Bearing Debt Ratio

0.15%Max: ≤ 33.0%

Cash & Securities Liquidity

6.98%Max: ≤ 33.0%

Impure Revenue Ratio

5.44%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

Halal Alternatives in Information Technology

Can't invest in MAPMYINDIA? Consider these instead

AAOIFI Verified

LTIM

LTIMindtree Ltd.

HalalPurification: 1.25%

BSOFT

Birlasoft Ltd.

HalalPurification: 1.44%

INFY

Infosys Ltd.

HalalPurification: 1.74%

Purification & Zakat Calculator

Calculate how much to donate for MAPMYINDIA

⚠️ Note: MAPMYINDIA 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.