TVSM – TVS Motor Company Ltd

TVS Motor Company Ltd is not compliant with Shariah. The company’s impure earnings from Financial service are more than 5% of its total revenues.

TAMO – Tata Motors Ltd

Tata Motors Ltd is not compliant with Shariah. The company’s financials fail all the five standards we check against.

MAHM – Mahindra and Mahindra Ltd

Mahindra and Mahindra Ltd is not compliant with Shariah. The company’s impure earnings from Financial Services are more than 5% of its total revenues.

FORC – Force Motors Ltd

Force Motors Ltd is Shariah compliant. The company’s financials pass two standards and fail in three.

BAJA – Bajaj Auto Ltd

Bajaj Auto Ltd is Shariah compliant. The company’s financials pass three standards and fail in two.