Is Adani Ports (ADANIPORTS) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 15.1% / 30% | 1.8% / 30% | 1.3% / 30% | 2.26% / 5% | ✓ HALAL |
| DJIM | 15.1% / 33% | 1.8% / 33% | 1.3% / 33% | 2.26% / 5% | ✓ HALAL |
| MSCI | 37.9% / 33% | 4.5% / 33% | 3.3% / 33% | 2.26% / 5% | ✗ NOT HALAL |
| S&P | 15.1% / 33% | 1.8% / 33% | 1.3% / 33% | 2.26% / 5% | ✓ HALAL |
| FTSE | 37.9% / 33% | 4.5% / 33% | 3.3% / 50% | 2.26% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 65.4% | |
| Operating Margin | 45.4% | |
| Net Margin | 34.2% | |
| Return on Equity (ROE) | 19.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $172.3B |
| Free Cash Flow | $91.8B |
| Total Debt | $513.0B |
| Debt-to-Equity | 81.6 |
| Total Assets | $1.4T |
Price & Trading
| Last Close | INR 1,375.90 |
| 50-Day MA | INR 1,448.34 |
| 200-Day MA | INR 1,434.36 |
| Avg Volume | 2.5M |
| Beta | 0.2 |
|
52-Week Range
INR 1,041.50
| |
About Adani Ports (ADANIPORTS)
Adani Ports and Special Economic Zone Limited, together with its subsidiaries, develops, operates, and maintains port infrastructure in India. The company is involved in the operation of ports and terminals, including bulk and break bulk, container, liquid, LPG, LNG, and crude cargo; ports related infrastructure development activities; and development of infrastructure at contiguous Special Economic Zone at Mundra. It also offers logistic services, which include logistic parks, container rail and bulk cargo logistic solutions, and warehousing, as well as auto, road, and agriculture logistic services. In addition, the company operates a fleet of dredging and reclamation service equipment comprising cutter suction, trailing suction hopper, grab, inland cutter suction, water injection, and specialized dredgers; split hopper, flat top, and jack up barges; and multi utility craft, survey vessels, floating crane, drag flow unit, and floating booster, as well as dozers, excavotors, loaders, and other equipment. Further, it provides non-scheduled passenger airline services; hospital and related services; and marine services, such as pilotage, laying, mooring of vessels at berth and mid-stream, and maintenance of buoys. Additionally, the company engages in the development, construction, operation, and maintenance of railway corridors; land development activities; integrated textile park and container freight station businesses; owns and operates harbour tugs, barges, other port crafts, ocean towage and offshore support vessels; and provision of cargo storage-cum logistics services. The company was incorporated in 1998 and is headquartered in Ahmedabad, India.
Purification Calculator
As a halal stock with 2.26% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Adani Ports (ADANIPORTS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Adani Ports is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Adani Ports's debt ratio?
Adani Ports's debt ratio is 15.1% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 37.9%.
Does Adani Ports require dividend purification?
Yes, Adani Ports has an impermissible income ratio of 2.26%, which means 2.26% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Adani Ports's key financial metrics?
Adani Ports has a market capitalization of $3.1T, trailing P/E ratio of 23.1, and revenue of $304.8B. The company maintains a gross margin of 65.4% and a net margin of 34.2%. Return on equity stands at 19.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.