Is Tata Motors Ltd. (TMCV) Halal?

Tata Motors Ltd. (TMCV) is evaluated as Halal and Shariah-compliant under the AAOIFI standard. All financial ratios and business activity screening fall within permissible thresholds.

What is the dividend purification rate for TMCV?

The non-permissible dividend purification factor for Tata Motors Ltd. is 0.69%.

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TMCV

NSECapital GoodsCap: ₹1.46L Cr

Tata Motors Ltd.

-6.29%YTD

AAOIFI MSCI DJIM BSE_TASIS

Shariah Compliant (Halal)

Evaluated using AAOIFI criteria

Purification Factor0.69%

Market Fundamentals

Live NSE/BSE

Market Cap

₹1.46L Cr

P/E Ratio

23.1x

P/B Ratio

9.6x

52W High

₹509

52W Low

₹306.3

Div. Yield

101.00%

Shares O/S

368.28 Cr

Where Does the Money Come From?

Revenue breakdown for Tata Motors Ltd.

Core Capital Goods OperationsPermissible Operating Activity

Permissible: Core operations in Capital Goods.

99.3%of Total Revenue

Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

0.7%of Total Revenue

About Tata Motors Ltd.

Permissible: Core operations in Capital Goods.

Interest-Bearing Debt Ratio

3.7%Max: ≤ 33.0%

Cash & Securities Liquidity

8.6%Max: ≤ 33.0%

Impure Revenue Ratio

0.69%Max: ≤ 5.0%

Screening Denominator

30-Day Average Market Cap

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Purification & Zakat Calculator

Calculate how much to donate for TMCV

How do you know your dividend amount?I know the total amountI know per-share dividend

Total Dividend Received (₹)

Purification Rate

0.69% of Gross Dividend

Gross Dividend₹1,000

Give Away as Sadaqah₹6.9Give this away without expecting reward

Your Clean Earnings₹993.1This is fully yours to keep