No. As of September 2026, Mahindra and Mahindra Ltd (M&M.NS) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Mahindra and Mahindra Ltd does not pass Musaffa's business and financial screening criteria.
Mahindra & Mahindra Ltd. is a holding company, which engages in the manufacturing of automotive vehicles. The company is headquartered in Mumbai, Maharashtra and currently employs 25,222 full-time employees. Its segments include Automotive, Farm Equipment, Auto Investments, Farm Investments, Financial Services, and Industrial Businesses and Consumer Services. The Automotive segment comprises the sale of automobiles, two-wheelers, spares, construction equipment and related services. The Farm Equipment segment consists of the sale of tractors, implements, spares, powerol, and related services. Industrial Businesses and Consumer Services segment comprises all other segments like IT services, real estate, hospitality, logistics, steel trading and processing, renewables, after-market, defense, and agri. Financial Services segment comprises offering financial products ranging from retail and other loans, small and medium-sized enterprise finance, housing finance, mutual funds, and life and non-life insurance broking services.
Mahindra and Mahindra Ltd M&M.NS
₹3,170.00 ₹11.30 (0.36%) 1D
Last Updated: Sep 04, 12:00 AM·NSE
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M&M.NS Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, Mahindra and Mahindra Ltd is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Mahindra and Mahindra Ltd (M&M.NS) Chart
Financial Metrics & Statements of Mahindra and Mahindra Ltd (M&M.NS)
FAQ's for Mahindra and Mahindra Ltd (M&M.NS)
As of September 2026, Mahindra and Mahindra Ltd M&M.NS is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mahindra and Mahindra Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Mahindra and Mahindra Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Mahindra and Mahindra Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Mahindra and Mahindra Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Mahindra and Mahindra Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Alternate Halal Stocks for Mahindra and Mahindra Ltd (M&M.NS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.