Is Akenerji Elektrik Uretim AS halal to invest in?

According to Musaffa's Shariah screening methodology, Akenerji Elektrik Uretim AS (AKENR.E.IS) is currently classified as NOT HALAL as of February 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Akenerji Elektrik Uretim AS a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Akenerji Elektrik Uretim AS using these criteria to determine its compliance status.

Can Muslims buy shares of Akenerji Elektrik Uretim AS?

Muslim investors may consider investing in Akenerji Elektrik Uretim AS if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Akenerji Elektrik Uretim AS classified as NOT HALAL?

Musaffa determines the Shariah status of Akenerji Elektrik Uretim AS by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Akenerji Elektrik Uretim AS updated?

The Shariah compliance status of Akenerji Elektrik Uretim AS may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Akenerji Elektrik Uretim AS become non-compliant?

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.

Where can I check the Shariah status of Akenerji Elektrik Uretim AS?

You can check the latest Shariah compliance status of Akenerji Elektrik Uretim AS on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

AKENR.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 29, 2024

Report Source: 2023 3rd Quarter Report

Akenerji Elektrik Uretim AS. Stock Analysis AKENR.E.IS

Turkey Utilities Micro Cap Report: Q3, 2023

Akenerji Elektrik Üretim AS engages in the business of electric power generation. The company employs 229 full-time employees The company went IPO on 2000-07-03. The company also makes investments in the renewable energy sector. The activities of the Company’s affiliates include generating, transmitting, distributing, purchasing and selling electric energy, as well as establishing facilities for that purpose. As of June 20, 2012, the Company had such power plants, as Cerkezkoy, Bozuyuk, Izmir-Kemalpasa, Ayyildiz WPP, Akocak HEPP, Uluabat HEPP, Bulam HEPP, Feke II HEPP, Burc HEPP, Feke I HES and Himmetli HES. As of October 1, 2012, its three largest shareholders were Cez a.s. (37.36%), Akkok Sanayi Yatirim ve Gelistirme A.S. (20.43%) and Akarsu Enerji Yatirimlari Sanayi A.S. (16.93%). The company is a member of the Akkok Group of Companies.

Key Statistics of Akenerji Elektrik Uretim AS (AKENR.E.IS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

TRY13.63TRY14.98

Today's Open

TRY14.40

Volume

35.40M

P/E Ratio (TTM)

52 Week Range

TRY9.11TRY14.98

Market Cap

7.39B

Avg. Volume

22.51M

Dividend Yield

Financial Metrics & Statements of Akenerji Elektrik Uretim AS (AKENR.E.IS)

FAQ's for Akenerji Elektrik Uretim AS (AKENR.E.IS)

According to Musaffa’s Shariah screening methodology, Akenerji Elektrik Uretim AS (AKENR.E.IS) is currently classified as NOT HALAL as of February 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.