Is Maruti Suzuki India Ltd stock halal or haram? If you’re searching for a comprehensive Shariah compliance analysis of Maruti Suzuki India Ltd, you’ve come to the right place!
In this article, we provide a detailed breakdown of Maruti Suzuki India 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 Maruti Suzuki India Ltd Stock Halal and Shariah Compliant?
Maruti Suzuki India Ltd engaged in the automobile manufacturing, has undergone a Shariah compliance screening based on key financial and business criteria. According to the latest annual report published on 04-08-2024, Maruti Suzuki India Ltd stock appears to be Not Halal and Non-Shariah Compliant.
Shariah Compliance Analysis of Maruti Suzuki India Ltd
| Criteria | Value | Status |
| Business Activity | Automobile | ✅ PASS |
| Impermissible Income to Total Revenue | 3.18% | ✅ PASS |
| Interest-Bearing Debt to Total Assets | 0.1% | ✅ PASS |
| Illiquid Assets to Total Assets Ratio | 35.47% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | More than 33% (Non-Compliant) | ❌ FAIL |
Maruti Suzuki India Ltd Price Chart
Business Overview of Maruti Suzuki India Ltd
Maruti Suzuki India Ltd is India’s largest automobile manufacturer, dominating the passenger vehicle market with a wide range of fuel-efficient and affordable cars. Established in 1981 as a joint venture between the Indian government and Suzuki Motor Corporation (Japan), the company is known for popular models like Alto, Swift, WagonR, Baleno, and Brezza.
With a strong focus on innovation, safety, and sustainability, Maruti Suzuki leads the industry in electric and hybrid vehicle development, offering reliable mobility solutions to millions across India.
Conclusion
Based on the screening Process, Maruti Suzuki India Ltd Stock appears to be Not Halal and Non-Shariah Compliant (Allah Knows the Best). 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.