Is Tata Steel (TATASTEEL) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 38.3% / 30% | 4.6% / 30% | 2.1% / 30% | 0.37% / 5% | ✗ NOT HALAL |
| DJIM | 38.3% / 33% | 4.6% / 33% | 2.1% / 33% | 0.37% / 5% | ✗ NOT HALAL |
| MSCI | 33.9% / 33% | 4.0% / 33% | 1.9% / 33% | 0.37% / 5% | ✗ NOT HALAL |
| S&P | 38.3% / 33% | 4.6% / 33% | 2.1% / 33% | 0.37% / 5% | ✗ NOT HALAL |
| FTSE | 33.9% / 33% | 4.0% / 33% | 1.9% / 50% | 0.37% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 54.9% | |
| Operating Margin | 9.0% | |
| Net Margin | 4.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $235.1B |
| Free Cash Flow | $78.4B |
| Total Debt | $948.0B |
| Debt-to-Equity | 99.7 |
| Total Assets | $2.8T |
Price & Trading
| Last Close | INR 196.65 |
| 50-Day MA | INR 197.93 |
| 200-Day MA | INR 176.10 |
| Avg Volume | 33.5M |
| Beta | 0.9 |
|
52-Week Range
INR 125.30
| |
About Tata Steel (TATASTEEL)
Tata Steel Limited engages in the manufacture and distribution of steel products in India and internationally. It offers reinforcement bars (rebars) and wire rods, cut-and-bend reinforcement bars, welded wire mesh, prefabricated cages (pre-cages), steel couplers and carpet reinforcement, hot-rolled, cold rolled, coated coil, tubes, rebar, metallic coated, pre-finished steels, alloy steels, and profiles and construction systems. The company also provides solutions in building envelopes, structural, fit-out, foundations, and highway engineering products, as well as operates steel service centers. It serves agricultural, automotive, construction, consumer goods, energy and power, engineering, and material handling industries. Tata Steel Limited has a strategic collaboration with Hindustan Zinc Limited to scale low-carbon zinc solutions. The company was incorporated in 1907 and is based in Mumbai, India.
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Frequently Asked Questions
Is Tata Steel (TATASTEEL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Tata Steel is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Tata Steel's debt ratio?
Tata Steel's debt ratio is 38.3% 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 33.9%.
What are Tata Steel's key financial metrics?
Tata Steel has a market capitalization of $2.4T, trailing P/E ratio of 26.3, and revenue of $2.2T. The company maintains a gross margin of 54.9% and a net margin of 4.1%.
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.