
TTM: Is Tata Motors Limited Halal?
Tata Motors Limited
$25.14
0Compliance Status
Not Halal
Screened on Aug 15, 2026 · AAOIFI Standard 21
Non-Compliant
Is Tata Motors Limited (TTM) halal? Not Halal. Based on AAOIFI screening, Tata Motors Limited passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).
Business activity
What the company sells is permissible.
Company debt
Over the limitHow much the company borrows, compared to its total value. AAOIFI allows up to 30%.
What this means for you
Most scholars advise not holding TTM
It does not pass AAOIFI Shariah screening.
See halal alternatives from the same sector further down this page
About Tata Motors Limited
Tata Motors Limited operates as a leading global automotive manufacturer, engaging in the design, engineering, production, and distribution of a diverse array of vehicles. Its product range is extensive, encompassing passenger cars, sports utility vehicles (SUVs), and a comprehensive spectrum of commercial vehicles, from light and intermediate models to heavy-duty trucks, buses, pickups, specialized defense vehicles, and electric vehicles (EVs). The company also supplies all necessary spare parts and accessories for its automotive lines. Beyond vehicle assembly, Tata Motors manufactures essential components such as engines for both industrial and marine applications, as well as vehicle aggregates like axles and transmissions specifically for its commercial vehicles. It also produces factory automation equipment. Furthermore, the company provides information technology services and vehicle financing solutions. Its diverse product offerings are marketed under prominent brands including Tata, Daewoo, Harrier, Safari, Fiat, Nexon, Altroz, Punch, Tiago, Tigor, Jaguar, and Land Rover. Tata Motors maintains a substantial international presence, conducting business in key regions such as India, China, the United States, the United Kingdom, the broader European continent, and other global markets. Founded in 1945, the company was initially known as Tata Engineering and Locomotive Company Limited before officially changing its name to Tata Motors Limited in July 2003. Its corporate headquarters are located in Mumbai, India.
Sector: Consumer Cyclical · Industry: Auto - Manufacturers
Shariah Compliance Status
Compliance History
Not Halal, unchanged since Jun 2026.
No status changes recorded since we began tracking.
Tracked since Jun 2026. Updates automatically on each re-screen.
Halal Alternatives in Consumer Cyclical
This stock is not Shariah-compliant. Here are halal alternatives from the same sector, ranked by compliance score:
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Frequently Asked Questions
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Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.
Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.




