Nifty50 Shariah stocks list
NSETheme17 companies
- P/EPrice to earnings of an index. The index's P/E as the exchange publishes it with the close: its members' market value divided by their profit over the last twelve months, each member counted as the index weighs it. Price to earnings of an index: how it is worked out
- 27.00
- P/BPrice to book of an index. The index's P/B as the exchange publishes it: its members' market value divided by their net worth, the assets they own less everything they owe.
- 4.38
- Dividend yieldDividend yield of an index. The index's dividend yield as the exchange publishes it: dividends its members paid over the last twelve months as a percentage of their market value.
- 2.01%
- 1MOne-month return of an index. The latest close against the close a month earlier, on the same date or the last trading day before it, as a percentage. One-month return of an index in the glossary
- +6.86%
- 3MThree-month return of an index. The latest close against the close three months earlier, on the same date or the last trading day before it, as a percentage. Three-month return of an index in the glossary
- −4.81%
- 1YOne-year return of an index. The latest close against the close a year earlier, on the same date or the last trading day before it, as a percentage. One-year return of an index in the glossary
- −10.62%
P/E against its own past
Where today's P/E sits among every trading day of each window: the dot is today, the tick the middle day.
At or below today's level on 75% of 2,479 trading days over the last 10 years.
At or below today's level on 80% of 1,240 trading days over the last 5 years.
At or below today's level on 72% of 744 trading days over the last 3 years.
At or below today's level on 100% of 247 trading days over the last 1 year.
P/E at each month's last trading day, and on 30 Oct 2026
What the Nifty50 Shariah companies earned
Revenue against the same quarter a year earlier, over today's members that filed both; profit after tax added up over the members that filed the quarter. A quarter fewer than 60% of them filed is left out, and the newest is added once nearly as many have filed it as the one before.
- Revenue growthRevenue growth, against a year earlier. Revenue of the quarter to Jun 2026 against the same quarter a year earlier, added up over the 17 companies that filed both.
- +20.8%quarter to Jun 2026
- ProfitProfit after tax, added up. Profit after tax of the quarter to Jun 2026, added up over the 18 companies that filed it; a loss counts as negative.
- ₹55,018 Crquarter to Jun 2026
- Filed the quarterCompanies that filed the quarter. How many of the index's 18 listed companies have filed results for the quarter to Jun 2026; the revenue growth and the profit are theirs.
- 18of 18
- Median ROCEMedian return on capital employed. The middle figure of the 18 companies' ROCE for the year to Mar 2026, half above and half below. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them.
- 15.1%year to Mar 2026
Revenue against the same quarter a year earlier, per cent
Profit after tax, ₹ crore, added up over the companies that filed
The largest companies
The 12 largest companies in the Nifty50 Shariah, each sized by its market cap.
Market cap, ₹ crore
- Tata Consultancy Services₹9,05,463 Cr
- Infosys₹4,80,906 Cr
- Hindustan Unilever₹4,38,105 Cr
- Sun Pharmaceutical Industries₹4,26,530 Cr
- HCL Technologies₹3,87,539 Cr
- Eternal₹3,31,634 Cr
- UltraTech Cement₹3,25,473 Cr
- Oil & Natural Gas Corporation₹2,83,547 Cr
- Nestle India₹2,25,034 Cr
- Asian Paints₹2,22,534 Cr
- Tech Mahindra₹1,75,527 Cr
- Trent₹1,60,892 Cr
Companies in the Nifty50 Shariah
Largest first, by market cap.
Hindustan UnileverHINDUNILVR · Diversified FMCGDemerger₹1,864.60+0.34%₹4,38,105 Cr29.1029.0%2.18%−23.2%
Sun Pharmaceutical IndustriesSUNPHARMA · Pharmaceuticals & Biotechnology₹1,777.70+0.95%₹4,26,530 Cr38.9016.3%0.90%+4.4%
UltraTech CementULTRACEMCO · Cement & Cement Products₹11,045.00−1.16%₹3,25,473 Cr37.0012.7%2.17%−8.4%
Dr. Reddy's LaboratoriesDRREDDY · Pharmaceuticals & Biotechnology₹1,352.00+0.52%₹1,12,849 Cr40.306.0%0.59%+12.5%
Tata Consumer ProductsTATACONSUM · Agricultural Food & other Products₹1,025.90+0.48%₹1,01,533 Cr59.709.4%0.97%−12.8%
Changes to the list
Each list of the index's companies against the one before it. The date is the list's own, the day the new list was published.
30 Oct 2026against the list of 23 Oct 2026
0 joined · 1 leftJoined0 companies
None.
Left1 company
Funds that follow the Nifty50 Shariah
1 index fund or ETF tracks the Nifty50 Shariah.
Nippon India ETF Nifty 50 Shariah BeESETF · Nippon India Mutual FundNAV₹450.55311Y−10.42%3Y+1.70%5Y+0.83%Size₹58 CrCost1.01%
About the Nifty50 Shariah
The Nifty50 Shariah is an index of the Nifty 50 companies that pass a Shariah screen, maintained by NSE Indices Limited. It has no fixed number of companies: 18 on 30 Sep 2026.
How companies are chosen
Each current Nifty 50 company is screened for Shariah compliance, and those that pass form the index. Shariah-compliant products allow followers of the Islamic faith to invest without violating their religious principles.
The screens are run by Taqwaa Advisory and Shariah Investment Solutions (TASIS). The business screen removes companies primarily in conventional financial services (banks, insurance companies, finance and investment companies, stock broking), in food and beverages such as pork, alcohol and tobacco, in vulgar entertainment, in hotels and restaurants providing products or entertainment not permitted under Shariah, and in gambling and narcotic drugs.
The financial screen uses annual consolidated financials: interest-based debt of at most 25% of total assets, interest income plus returns from interest-based investments of at most 2.5% of total income, and receivables plus cash and bank balances of at most 90% of total assets.
How it is weighted
Weights follow free-float market capitalisation, the value of the shares normally expected to be available for trading in the market, with no single stock above 33% and the top 3 stocks together at no more than 62% at the time of rebalancing.
When it is reviewed
Shariah compliance is screened every month. Replacements made in a monthly screening take effect from the last working day of that month.
Base date and value
The index has a base date of 29 Dec 2006 and a base value of 1000. It was launched on 19 Feb 2008.
- Published by
- NSE
- Kind
- Theme
- CompaniesCompanies in an index. How many companies the index holds on its current list, which the exchange revises from time to time. Companies in an index in the glossary
- 17
- List last changed
- 30 Oct 2026
- Above 200-day averageMembers above their 200-day average. The share of the index's members whose latest close is above their own average close of the last 200 trading days; members listed too recently to have one are left out. Members above their 200-day average in the glossary
- 7 of 17
Theme indices
Others in this group, the most used as a fund's benchmark first.All
Nifty500 Multicap India Manufacturing 50:30:2075 companiesP/E 27.60
Nifty500 Multicap Infrastructure 50:30:2075 companiesP/E 24.78
BSE CPSE53 companiesP/E 12.29
BSE India Manufacturing Index30 companiesP/E 19.82- BSE Multicap Consumption (50:30:20)100 companiesP/E 41.82
BSE Power & Energy35 companiesP/E 14.62
BSE Premium Consumption31 companiesP/E 76.73- BSE Saatvik 100100 companiesP/E 17.80
- Nifty AI Catalysts48 companiesP/E 24.80
Nifty Core Housing30 companiesP/E 29.39