NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Fri, May 1 06:58 PM
Friday, May 1, 2026 6:58:37 PM
Shariah Compliant
RVNL
Quality Rating
AAA
Excellent compliance quality
RVNL, a public sector undertaking focused on railway infrastructure development in India, demonstrates strong Shariah compliance through its permissible business activities and favorable financial ratios. The company passes all major screening criteria with low debt levels and negligible non-permissible income. Inclusion in all major Shariah indices confirms its status as a compliant investment, though minor purification is recommended for trace impure income.
Purification Required
0.2%
minimal
Minimal purification needed for dividend income
Index Inclusion
S&P
MSCI
DJIM
FTSE
Included in 4 major Shariah indexes
Key Compliance Considerations
- Minor non-permissible income at 0.2%, requiring purification
Debt Ratio
12.5%
Liquidity Ratio
5.0%
Interest Income Ratio
0.0%
Purification
0.20%