Is Maruti Suzuki (MARUTI) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 2.6% / 30% | 1.5% / 30% | 0.29% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 2.6% / 33% | 1.5% / 33% | 0.29% / 5% | ✓ HALAL |
| MSCI | 0.1% / 33% | 8.7% / 33% | 5.0% / 33% | 0.29% / 5% | ✓ HALAL |
| S&P | 0.0% / 33% | 2.6% / 33% | 1.5% / 33% | 0.29% / 5% | ✓ HALAL |
| FTSE | 0.1% / 33% | 8.7% / 33% | 5.0% / 50% | 0.29% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 27.5% | |
| Operating Margin | 7.7% | |
| Net Margin | 8.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $161.4B |
| Free Cash Flow | $55.0B |
| Total Debt | $870M |
| Debt-to-Equity | 0.1 |
| Total Assets | $1.3T |
Price & Trading
| Last Close | INR 12,711.00 |
| 50-Day MA | INR 14,343.34 |
| 200-Day MA | INR 14,866.17 |
| Avg Volume | 461K |
| Beta | 0.1 |
|
52-Week Range
INR 11,059.45
| |
About Maruti Suzuki (MARUTI)
Maruti Suzuki India Limited manufactures, purchases, and sells motor vehicles, components, and spare parts in India. The company offers passenger vehicles, utility vehicles, and multi-purpose vehicles. It is also involved in the facilitation of pre-owned car sales, fleet management, and car financing activities. In addition, the company offers driving school, insurance, accessories, and financing products and services. It also exports its products to South Africa, Saudi Arabia, Chile, Japan, Mexico, and internationally. The company was formerly known as Maruti Udyog Limited and changed its name to Maruti Suzuki India Limited in September 2007. Maruti Suzuki India Limited was incorporated in 1981 and is headquartered in New Delhi, India. Maruti Suzuki India Limited is a subsidiary of Suzuki Motor Corporation.
Purification Calculator
As a halal stock with 0.29% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Maruti Suzuki (MARUTI) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Maruti Suzuki is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Maruti Suzuki's debt ratio?
Maruti Suzuki's debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.1%.
Does Maruti Suzuki require dividend purification?
Yes, Maruti Suzuki has an impermissible income ratio of 0.29%, which means 0.29% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Maruti Suzuki's key financial metrics?
Maruti Suzuki has a market capitalization of $3.9T, trailing P/E ratio of 26.1, and revenue of $1.5T. The company maintains a gross margin of 27.5% and a net margin of 8.7%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.