Is Titan Company Ltd Share halal or haram? If you’re searching for a comprehensive Shariah compliance analysis of Titan Company Ltd, you’ve come to the right place!
In this article, we provide a detailed breakdown of Titan Company Ltd’s business operations, financials, and compliance with Shariah screening guidelines. Whether you’re an ethical investor or exploring halal investment opportunities, this analysis will help you make an informed decision.
Is Titan Company Ltd Share Halal and Shariah Compliant?
Titan Company Ltd, a company in the sector of consumer goods, has undergone a Shariah compliance screening based on key financial and business criteria. According to the latest annual report published on 03-06-2024, Titan Company Ltd Share appears to be Not Halal and Non-Shariah Compliant.
Shariah Compliance Analysis of Titan Company Ltd
Criteria | Value | Status |
Business Activity | Consumer Goods | ✅ PASS |
Impermissible Income to Total Revenue | 1.03% | ✅ PASS |
Interest-Bearing Debt to Total Assets | 49.22% | ❌ FAIL |
Illiquid Assets to Total Assets Ratio | 72.44% | ✅ PASS |
Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Titan Company Ltd Price Chart
Business Overview of Titan Company Ltd
Titan Company Limited, a subsidiary of the Tata Group, is a leading Indian lifestyle and consumer goods company headquartered in Bengaluru. Established in 1984, Titan is renowned for its watches, jewelry, eyewear, and accessories. Its popular brands include Titan, Fastrack, Sonata, Tanishq, Zoya, and Titan Eye+.
With a strong retail presence and a focus on innovation, Titan has expanded its footprint in both domestic and international markets. The company continues to drive growth through design excellence, customer-centric strategies, and a commitment to quality and sustainability.
Conclusion
The Titan Company Limited Share is considered Not halal and Non-Shariah compliant based on the Shariah screening Standard and the most recent annual report published on 18-06-2024.
However, investors should conduct their own due diligence and review the company’s financials periodically for any changes in compliance.
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Hasan is the founder of HalalFinance.co.in, created after personally struggling to find reliable answers about halal investing in stocks. With a finance background and a passion for helping the Muslim community, He now shares well-researched, transparent, and authentic content to empower Muslims on their path to halal wealth-building.