TSLA

Tesla, Inc.

HALAL — FINANCIAL SCREENS PASSstock

Is TSLA Halal?

Current total-assets financial screens pass; EV and energy activities are generally permissible, while insurance and related-party investments require qualitative review.

What You Should Know

Tesla's core business—electric vehicles, energy storage, solar, charging, and related services—is generally permissible. The March 2026 quantitative review confirms that debt, conventional liquidity, receivables, and disclosed interest income remain within the examined total-assets limits. Tesla does not separately disclose its conventional insurance revenue, and its $2 billion SpaceX equity investment creates indirect exposure that belongs in the qualitative analysis.

⚠️ Concerns

  • Tesla Insurance revenue is not separately disclosed
  • Conventional liquidity was 31.13% of total assets, below but relatively close to the one-third limits
  • Tesla invested $2 billion in SpaceX common stock during the quarter
  • Disclosed interest income was 1.94% of quarterly revenue

Current quantitative Sharia screen

Based on 10-Q figures for the period ended 2026-03-31; calculated 2026-07-12.

USD · millions
Interest-bearing debt / assets
6.42%Within limit
Below 33.333% under FTSE Yasaar

9,229 / 143,724

Cash + interest-bearing securities / assets
31.13%Within limit
Below 33.333% under FTSE Yasaar

44,743 / 143,724

Receivables + cash / assets
14.31%Within limit
Below 50% under FTSE Yasaar

20,562 / 143,724

Non-compliant income / revenue
1.94%Within limit
No more than 5% under FTSE Yasaar

434 / 22,387

FTSE Yasaar
v4.6, February 2026
Financial
Pass
Overall
Incomplete

Debt, liquidity, receivables-plus-cash, and disclosed interest income pass the published financial limits. Conventional liquidity is 31.13%, leaving less headroom than the other calculated ratios, while the insurance revenue percentage remains undisclosed.

MSCI Islamic (total-assets series)
October 2024 methodology
Financial
Pass
Overall
Incomplete

Debt, cash plus interest-bearing securities, and receivables plus cash are below the applicable total-assets thresholds. The business-activity percentage still requires disclosure beyond the filing.

Malaysia SAC financial ratios
single 5% activity benchmark adopted November 2025
Financial
Pass
Overall
Incomplete

Identifiable conventional cash and interest-bearing instruments and debt are below 33% of total assets. This is a calculation against the SAC ratios, not an official SAC classification of a U.S.-listed security.

Market-cap denominator methods
MSCI M-Series, S&P and Dow Jones methods differ
Financial
Not calculated
Overall
Not calculated

A properly licensed and reproducible 24- or 36-month issuer market-cap history is not yet stored, so these methods are not estimated from a current spot price.

Business-activity disclosure

Tesla's reportable automotive and energy-generation-and-storage segments are generally permissible activities. Automotive revenue also includes leasing and a Services and other category that contains insurance and other activities.

Limitation: Tesla states that automotive insurance contributed to Services and other growth but does not separately disclose insurance revenue. A defensible prohibited-revenue percentage cannot be calculated from the filing alone.

Purification

Tesla disclosed interest income equal to 1.94% of quarterly revenue. Tesla does not currently pay a regular cash dividend, and standards differ on purification of other returns, so this ratio is disclosed without presenting it as a prescribed investor payment.

Inputs, assumptions and primary sources
  • Interest-bearing debt uses the reported current and non-current debt and finance lease balances of 1,447 and 7,782. Including finance leases is conservative.
  • Tesla's 16,603 of cash and cash equivalents plus 28,140 of short-term investments consists of cash, certificates and time deposits, U.S. government securities, commercial paper, money market funds, and a small corporate-debt balance.
  • Accounts receivable is the reported net balance of 3,959.
  • Revenue and disclosed interest income use the same three-month period ended March 31, 2026.
  • The 2,000 SpaceX common-stock investment is an equity investment and is not included in the interest-bearing-securities numerator.

This is a reproducible financial screen, not a fatwa. A failed total-assets screen can coexist with a pass under a market-cap methodology. ZakatInvest keeps the qualitative assessment separate so numerical thresholds do not erase material context.

🧾
Own TSLA? Purify your portfolio.
Per-holding purification amounts, zakat on your shares, and halal alternatives for flagged holdings — a personalized report prepared for you within 48 hours.
Order Your Report — $49 →
Track TSLA and 30,000+ stocks' live compliance status with Islamicly — 50% off with code ZAKAT50.Get Islamicly →

Want to screen more assets?

Use our interactive Halal Checker to screen any stock, ETF, or crypto instantly.

Go to Halal Checker →