Is Tata Consultancy Services Limited stock halal or haram? If you’re searching for a comprehensive Shariah compliance analysis of Tata Consultancy Services Limited, you’ve come to the right place!
In this article, we provide a detailed breakdown of Tata Consultancy Services Limited’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 Tata Consultancy Services Limited Stock Halal and Shariah Compliant?
Tata Consultancy Services Limited, a leading company in the service sector, has undergone a Shariah compliance screening based on key financial and business criteria. According to the latest annual report published on May 5, 2024, Tata Consultancy Services Limited stock appears to be Not Halal and Non-Shariah Compliant.
Shariah Compliance Analysis of Tata Consultancy Services Limited
Non-Shariah Compliant / Not Halal
| Criteria | Value | Status |
| Business Activity | Service Sector | ✅ PASS |
| Impermissible Income to Total Revenue | 38.77% | ❌ FAIL |
| Interest-Bearing Debt to Total Assets | 5.48% | ✅ PASS |
| Illiquid Assets to Total Assets Ratio | 14.47% | ❌ FAIL |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Tata Consultancy Services Limited Price Chart
Business Overview of Tata Consultancy Service Limited
Tata Consultancy Services (TCS) is India’s largest IT services, consulting, and business solutions company. A subsidiary of the Tata Group, TCS operates in over 50 countries, serving global enterprises across industries like banking, healthcare, retail, and manufacturing.
With a strong focus on digital transformation, AI, cloud computing, and cybersecurity, TCS delivers innovative solutions to enhance business efficiency. It is a key player in software development, IT outsourcing, and consulting services, making it one of the world’s most valuable IT brands.
Conclusion
Based on the screening Process, Tata Consultancy Services Limited 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.