JD CABLES LIMITED (JDCABLES.BO) - Halal (Shariah-Compliant)
JD CABLES LIMITED (JDCABLES.BO) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Electrical Equipment & Parts" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 15.4% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 0.1% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 0.2% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 0.17%.Based on the company's financial statements, approximately 0.17% of dividend income should be donated to charity for purification. This is derived from identified interest income (0.17% of total income). Some scholars may differ on the exact calculation method.
About JD CABLES LIMITED
JD Cables Limited manufactures and sells wires, cables, and conductors in India. The company offers LT AB cables, LT XLPE power cables, LT PVC power and control cables, bare and insulated copper conductors, AAC conductors, AAAC conductors, and ACSR conductors, as well as AB cables, power cables, service cables, control cables, AL59 conductors, multi storage covered conductors (MVCC), and high temperature low sag (HTLS) conductors. It also engages in the engineering, procurement, and construction (EPC) business, which includes civil and electrical work. The company serves government, EPC contractors, and industrial users, as well as state electricity boards. JD Cables Limited was incorporated in 2015 and is based in Kolkata, India.
Frequently Asked Questions
Is JD CABLES LIMITED (JDCABLES.BO) stock halal to invest in?
According to AAOIFI Shariah screening standards, JD CABLES LIMITED (JDCABLES.BO) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.

