Is Bajaj Finserv (BAJAJFINSV) Halal?

NSE Financial Services India $2.7T
✗ NOT HALAL
Confidence: 95/100
Bajaj Finserv (BAJAJFINSV) is Not Halal under AAOIFI Standard 21 due to its classification in the Financial Conglomerates industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Financial Conglomerates ✗ NOT HALAL
DJIM Excluded — Financial Conglomerates ✗ NOT HALAL
MSCI Excluded — Financial Conglomerates ✗ NOT HALAL
S&P Excluded — Financial Conglomerates ✗ NOT HALAL
FTSE Excluded — Financial Conglomerates ✗ NOT HALAL

Financial Highlights

P/E Ratio
28.3
Forward: 20.9
EPS
$59.82
Dividend Yield
6.0%
Payout: 1.7%
P/B Ratio
3.5
EV/EBITDA
11.8
EV: $6.4T
Revenue
$1.2T
Growth: 24.8%
Beta
0.2
Low volatility

Profitability

Gross Margin 49.7%
Operating Margin 34.6%
Net Margin 6.6%

Cash Flow & Balance Sheet

Operating Cash Flow-$621.1B
Free Cash Flow-$639.8B
Total Debt$2.8T
Debt-to-Equity237.5
Total Assets$6.5T

Price & Trading

Last CloseINR 1,746.20
50-Day MAINR 1,918.60
200-Day MAINR 2,001.81
Avg Volume1.2M
Beta0.2
52-Week Range
INR 1,662.70
INR 2,195.00

About Bajaj Finserv (BAJAJFINSV)

CEO
Mr. Tarun Chugh
Employees
104,668
Sector
Financial Services
Industry
Financial Conglomerates
Country
India
Exchange
NSE
Market Cap
$2.7T
Currency
INR

Bajaj Finserv Ltd., through its subsidiaries, provides financial services in India. The company operates through Life Insurance, General Insurance, Windmill, Retail Financing, and Investments and Others segments. It offers personal, business, home, home renovation, commercial, car, and gold loans; two- and three-wheeler loans; mortgages; education loans; unsecured and secured loans to small and medium-sized enterprises and professionals, as well as micro, small and medium enterprises; loans against properties, securities, car, mutual funds, bonds, and insurance policy; financing for products, such as consumer electronics, digital, lifecare, furniture, etc.; developer financing; and lease rental discounting products. The company also provides investment products, including fixed deposits, systematic deposit plans, and mutual funds; savings products; life, health, motor, fire, engineering, liabilities, marine, crop, car, two-wheeler, pet, home, travel, and personal accident insurance products; wealth management and retirement planning services; healthcare services comprising wellness, outpatient, and inpatient services; and wallets and credit cards. In addition, it offers pocket subscription plans; bill and recharge services; digital technology services; and trading and demat account, stock broking, margin trading, and HNI and retail broking services, as well as gold loans. Further, the company owns and operates 138 windmills with total installed capacity of 65.2 megawatts. Bajaj Finserv Ltd. was incorporated in 2007 and is based in Pune, India.

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Frequently Asked Questions

Is Bajaj Finserv (BAJAJFINSV) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bajaj Finserv is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Bajaj Finserv's debt ratio?

Bajaj Finserv's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are Bajaj Finserv's key financial metrics?

Bajaj Finserv has a market capitalization of $2.7T, trailing P/E ratio of 28.3, and revenue of $1.2T. The company maintains a gross margin of 49.7% and a net margin of 6.6%.

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.