As of August 2026, Afyon Cimento Sanayi TAS is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Afyon Cimento Sanayi TAS. Stock Analysis AFYON.E.IS
Turkey Industrials Micro Cap
Afyon Çimento Sanayii TAS engages in the production and sales of cement. The Company’s gray, white and sulphate resisting cements are offered for sale in 32.5 and 42.5 class bulk and bags of 50 kg and 25 kg. The company has an annual clinker production capacity of 548,000 tons, annual grinding capacity of 783,000 tons and annual cement production capacity of 650,000 tons. The Company’s production is carried out in four cement plants and grinding center in Istanbul, Ambarli. Afyon Cimento Sanayi TAS is a subsidiary of Italian Italcementi Group and managed by Ciments Francais's representative firm in Turkey, Set Group Holding A.S.
Afyon Cimento Sanayi TAS (AFYON.E.IS) Chart
Financial Metrics & Statements of Afyon Cimento Sanayi TAS (AFYON.E.IS)
FAQ's for Afyon Cimento Sanayi TAS (AFYON.E.IS)
As of August 2026, Afyon Cimento Sanayi TAS AFYON.E.IS 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 Afyon Cimento Sanayi TAS using these criteria to determine its compliance status.
Muslim investors may consider investing in Afyon Cimento Sanayi TAS 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 Afyon Cimento Sanayi TAS 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 Afyon Cimento Sanayi TAS 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 Afyon Cimento Sanayi TAS 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 Afyon Cimento Sanayi TAS (AFYON.E.IS)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.