Is Bajaj Finance (BAJFINANCE) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Credit Services | ✗ NOT HALAL | |||
| DJIM | Excluded — Credit Services | ✗ NOT HALAL | |||
| MSCI | Excluded — Credit Services | ✗ NOT HALAL | |||
| S&P | Excluded — Credit Services | ✗ NOT HALAL | |||
| FTSE | Excluded — Credit Services | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 91.9% | |
| Operating Margin | 55.5% | |
| Net Margin | 43.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$681.5B |
| Free Cash Flow | -$692.4B |
| Total Debt | $2.8T |
| Debt-to-Equity | 310.3 |
| Total Assets | $4.7T |
Price & Trading
| Last Close | INR 882.75 |
| 50-Day MA | INR 941.03 |
| 200-Day MA | INR 966.67 |
| Avg Volume | 8.3M |
| Beta | 0.1 |
|
52-Week Range
INR 787.90
| |
About Bajaj Finance (BAJFINANCE)
Bajaj Finance Limited operates as a deposit-taking non-banking financial company in India. The company offers financing for various products, such as consumer electronics, furniture, digital products, e-commerce purchases, retail spends, and two and three-wheelers; and personal, unsecured, home, and secured, gold, and car loans. It also provides secured and unsecured loans to micro, small, and medium enterprises, SMEs, and professionals; loans against property, mutual funds, insurance policies, and shares; developer finance and lease rental discounting services; and new and used car financing, and tractor financing. In addition, the company offers commercial and rural lending; public and corporate deposits; loans against securities; micro-finance and auto financing lending; and broking and margin trade financing services. Further, it distributes life, health, and general insurance products. The company was formerly known as Bajaj Auto Finance Limited and changed its name to Bajaj Finance Limited in September 2010. The company was incorporated in 1987 and is based in Pune, India. Bajaj Finance Limited is a subsidiary of Bajaj Finserv Ltd.
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Frequently Asked Questions
Is Bajaj Finance (BAJFINANCE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Bajaj Finance 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 Finance's debt ratio?
Bajaj Finance'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 Finance's key financial metrics?
Bajaj Finance has a market capitalization of $5.2T, trailing P/E ratio of 29.2, and revenue of $423.6B. The company maintains a gross margin of 91.9% and a net margin of 43.7%.
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.