As of August 2026, TomTom NV is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
TomTom NV. Stock Analysis TMOAY
United States Information Technology Small Cap
TomTom NV engages in the development of location technology including maps, navigation software, real-time traffic information, and PNDs. The company employs 3,165 full-time employees The company went IPO on 2005-05-16. The firm operates through two segments: Location Technology and Consumer. The Location Technology segment consists of its Automotive and Enterprise businesses, which provide maps, navigation software and services as components to be integrated into customers’ applications. The Consumer segment offers driver navigation, including directions, guidance, information and inspiration for their journeys on the road. Its consumer products are portable navigation devices and mobile applications. The firm has more than 40 offices in around 30 countries.
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FAQ's for TomTom NV (TMOAY)
As of August 2026, TomTom NV TMOAY 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 TomTom NV using these criteria to determine its compliance status.
Muslim investors may consider investing in TomTom NV 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 TomTom NV 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 TomTom NV 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 TomTom NV on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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