Halal Investing 101: Follow Islamic Principle
– Avoids alcohol, gambling, interest-based income. – Debt <33% of assets, non-halal revenue <5% . – Sectors: IT, healthcare, FMCG, cement
Key Point:
#1 Reliance Industries: Energy & Tech Giant
– Market Cap: ₹17.1T | Debt/Equity: 0.44 – Compliant due to diversified halal sector
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#2 TCS: Global IT Leader
– Market Cap: ₹15T | Debt/Equity: 0.09 – Low debt, Sharia-approved IT service
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#3 Infosys: Innovation-Driven Growth
– Market Cap: ₹8.04T | ROCE: 39.99% – Debt-free operations in permissible sector
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– Market Cap: ₹5.6T | Debt/Equity: 0.03 – Halal household products, near-zero debt
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– Market Cap: ₹4.43T | Debt/Equity: 0.04 – Ethical pharma leader with global reach
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– Market Cap: ₹3.64T | Debt-free – Compliant auto manufacturing
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– Market Cap: ₹3.08T | Debt/Equity: 0.28 – Infrastructure growth with Sharia compliance
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– Market Cap: ₹2.71T | Debt/Equity: 0.14 – Permissible business, low debt
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– Market Cap: ₹3.03T | Debt-free – Ethical luxury goods, zero interest
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– Use apps like Islamicly or Musaffa – Monitor debt ratios and revenue sources . – Refer to Nifty Shariah Index
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