Is Zomato Limited Share Halal or Haram? If you’re looking for a detailed Shariah compliance analysis, you’re in the right place! In this article, we break down whether Zomato Limited Stock meets Shariah Screening guidelines.
Is Zomato Limited Share Halal or Not?
Zomato Limited, a company in the food service sector, has undergone a Shariah compliance screening based on key financial and business criteria. Based on the latest annual report published on 03-08-2024, Zomato Limited Share appears to be Not Halal and Non-Shariah Compliant.
For transparency and verification, you can review the latest annual report of Zomato Limited from here: Zomato Limited Annual Report
Shariah Compliance Analysis of Zomato Limited Share
| Criteria | Value | Status |
| Business Activity | Food Service Sector | ✅ PASS |
| Impermissible Income to Total Revenue | 6.51% | ❌ FAIL |
| Interest-Bearing Debt to Total Assets | 3.21% | ✅ PASS |
| Illiquid Assets to Total Assets Ratio | 28.06% | ✅ PASS |
| Net Liquid Assets vs Market Capitalization | Compliant as per Shariah principles | ✅ PASS |
| Non-Compliant Investments to Total Assets | Less than 33% (Compliant) | ✅ PASS |
Business Overview of Zomato Limited Stock
Zomato Limited is a leading online food delivery and restaurant discovery platform based in India. Founded in 2008, the company connects users with restaurants, offering services such as food ordering, table reservations, and reviews. Zomato operates in multiple countries, leveraging technology to enhance customer experience and streamline food delivery logistics.
In addition to its core food delivery business, Zomato has expanded into cloud kitchens, grocery delivery, and sustainability initiatives like Zomato Feeding India. The company generates revenue through restaurant commissions, advertising, and subscription models like Zomato Gold. With a strong market presence, Zomato continues to shape the online food service industry in India and beyond.
Conclusion
Based on the Shariah screening process, Zomato Limited Share is Considered as Not Halal and Non-Shariah Compliant due to its high impermissible income-to-total revenue ratio (6.51%), which exceeds the permissible threshold.
As a result, it does not meet key Shariah Screening guidelines. However, investors are advised to conduct their own due diligence and periodically review the company’s financial reports 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.