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Fri, May 1 06:58 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

Debt Ratio

12.5%

Liquidity Ratio

5.0%

Interest Income Ratio

0.0%

Purification

0.20%