Is Tejas Networks Ltd. (TEJASNET) Halal?

Tejas Networks Ltd. (TEJASNET) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 52.77% exceeds limit 33.0%.

What is the dividend purification rate for TEJASNET?

The non-permissible dividend purification factor for Tejas Networks Ltd. is 0.28%.

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TEJASNET

NSETelecommunicationCap: ₹7168.86 Cr

Tejas Networks Ltd.

-10.87%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using AAOIFI criteria

Reasons for Non-Compliance:

Debt Ratio: 52.77% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹7168.86 Cr

P/E Ratio

N/A

P/B Ratio

2.8x

52W High

₹644.75

52W Low

₹294

Div. Yield

0.00%

Shares O/S

17.79 Cr

Where Does the Money Come From?

Revenue breakdown for Tejas Networks Ltd.

Core Telecommunication OperationsPermissible Operating Activity

Permissible: Core operations in Telecommunication.

99.7%of Total Revenue

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

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

0.3%of Total Revenue

About Tejas Networks Ltd.

Permissible: Core operations in Telecommunication.

Interest-Bearing Debt Ratio

52.77%Max: ≤ 33.0%

Cash & Securities Liquidity

5.93%Max: ≤ 33.0%

Impure Revenue Ratio

0.28%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

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HalalPurification: 1.16%

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HalalPurification: 0.92%

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Purification & Zakat Calculator

Calculate how much to donate for TEJASNET

⚠️ Note: TEJASNET 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.