Is RAJA BAHADUR INTERNATIONAL LTD (RAJABAH.BO) Stock Halal or Haram?
RAJA BAHADUR INTERNATIONAL LTD (RAJABAH.BO) - Not Halal (Non-Compliant)
RAJA BAHADUR INTERNATIONAL LTD (RAJABAH.BO) is classified as Not Halal (Non-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
Real Estate
Industry
Real Estate Services
Result
Pass
Reason
The sector "Real Estate" and industry "Real Estate Services" are not in the excluded categories.
Financial Ratios
Debt Ratio
Value: 290.1% | Threshold: 30% | Result: Fail
Cash & Interest-bearing Securities Ratio
Value: 24.5% | Threshold: 30% | Result: Pass
Non-Permissible Income Ratio
Value: 6.2% | Threshold: 5% | Result: Fail
Dividend Purification
Purification percentage: 6.16%.Based on the company's financial statements, approximately 6.16% of dividend income should be donated to charity for purification. This is derived from identified interest income (6.16% of total income). Some scholars may differ on the exact calculation method.
About RAJA BAHADUR INTERNATIONAL LTD
Raja Bahadur International Limited engages in the real estate development and construction businesses in India. The company is involved in the construction of office spaces, as well as involved in leasing property. The company was formerly known as The Raja Bahadur Motilal Poona Mills Ltd. Raja Bahadur International Limited was founded in 1892 and is based in Mumbai, India.
Frequently Asked Questions
Is RAJA BAHADUR INTERNATIONAL LTD (RAJABAH.BO) stock halal to invest in?
According to AAOIFI Shariah screening standards, RAJA BAHADUR INTERNATIONAL LTD (RAJABAH.BO) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
Does RAJA BAHADUR INTERNATIONAL LTD have any interest income?
RAJA BAHADUR INTERNATIONAL LTD's interest income ratio is 24.5% of total revenue. AAOIFI standards require this to be below 30%.
Based on the company's financial statements, approximately 6.16% of dividend income should be donated to charity for purification. This is derived from identified interest income (6.16% of total income). Some scholars may differ on the exact calculation method.
Uses quarterly data
About RAJA BAHADUR INTERNATIONAL LTD
Raja Bahadur International Limited engages in the real estate development and construction businesses in India. The company is involved in the construction of office spaces, as well as involved in leasing property. The company was formerly known as The Raja Bahadur Motilal Poona Mills Ltd. Raja Bahadur International Limited was founded in 1892 and is based in Mumbai, India.
IndiaBSEReal Estate
Screened using AAOIFI Standard No. 21 on October 20, 2026. Financial ratios compared against market capitalization. Different methodologies may produce different results. Learn how we screen.
Screened using AAOIFI Shariah Standard No. 21 (3 ratios). Debt and interest-bearing deposits must each be under 30% of market capitalization, and non-permissible income under 5% of total income. This screening is for educational purposes only and does not constitute a fatwa or religious ruling. Results are based on publicly available financial data and automated analysis. Users should consult qualified Islamic scholars and financial advisors for personal investment decisions. Financial data may be delayed or incomplete. Past compliance does not guarantee future status.
Verdict history
Free with an account.
No verdict changes recorded since first screened on May 1, 2026. We started recording changes on Oct 19, 2026.
Dates are when Mizaan recorded the change. Tracked and watched stocks are re-checked weekly; other stocks are re-screened on demand.
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Frequently Asked Questions
According to AAOIFI Shariah screening standards, RAJA BAHADUR INTERNATIONAL LTD (RAJABAH.BO) is currently classified as Not Halal (Non-Compliant). This is based on both business activity and financial ratio screening.
RAJA BAHADUR INTERNATIONAL LTD's interest income ratio is 24.5% of total revenue. AAOIFI standards require this to be below 30%.
RAJABAH.BO is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
RAJA BAHADUR INTERNATIONAL LTD's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
You can save RAJABAH.BO to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Dividends from RAJA BAHADUR INTERNATIONAL LTD require purification. Approximately 6.16% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
What guidelines are used to determine if RAJABAH.BO stock is Shariah-compliant?
RAJABAH.BO is screened using AAOIFI Standard No. 21, which involves two checks: business activity screening (ensuring the company's core business is permissible in Islam) and financial ratio screening (checking debt, interest income, and cash ratios against defined thresholds). AAOIFI is the most widely recognized standard for Islamic finance.
How often is RAJA BAHADUR INTERNATIONAL LTD stock reviewed for Shariah compliance?
RAJA BAHADUR INTERNATIONAL LTD's compliance status is reviewed whenever new financial data becomes available, typically after quarterly or annual earnings reports. Market cap changes can also affect financial ratio screening results. Mizaan refreshes screening data periodically to reflect the latest filings.
How can I stay updated on RAJA BAHADUR INTERNATIONAL LTD's compliance status?
You can save RAJABAH.BO to your Mizaan portfolio to track its compliance status over time. Mizaan will update the screening whenever new financial data is available, so you always have the latest result.
Are dividends from RAJA BAHADUR INTERNATIONAL LTD stock considered halal?
Dividends from RAJA BAHADUR INTERNATIONAL LTD require purification. Approximately 6.16% of dividend income should be donated to charity to cleanse earnings from non-permissible sources such as interest income.
Do I need to pay Zakat on my RAJA BAHADUR INTERNATIONAL LTD shares?
Yes, Zakat is generally due on stock holdings. The calculation depends on your school of thought (madhab) and whether you hold shares for trading or long-term investment. Use Mizaan's Zakat calculator to compute your obligation based on your specific madhab and holding intent.
