Is Akfen Gayrimenkul Yatirim Ortakligi AS halal to invest in?

According to Musaffa's Shariah screening methodology, Akfen Gayrimenkul Yatirim Ortakligi AS (AKFGY.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 Akfen Gayrimenkul Yatirim Ortakligi 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 Akfen Gayrimenkul Yatirim Ortakligi AS using these criteria to determine its compliance status.

Can Muslims buy shares of Akfen Gayrimenkul Yatirim Ortakligi AS?

Muslim investors may consider investing in Akfen Gayrimenkul Yatirim Ortakligi 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 Akfen Gayrimenkul Yatirim Ortakligi AS classified as NOT HALAL?

Musaffa determines the Shariah status of Akfen Gayrimenkul Yatirim Ortakligi 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 Akfen Gayrimenkul Yatirim Ortakligi AS updated?

The Shariah compliance status of Akfen Gayrimenkul Yatirim Ortakligi AS may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Akfen Gayrimenkul Yatirim Ortakligi 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 Akfen Gayrimenkul Yatirim Ortakligi AS?

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

AKFGY.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 29, 2024

Report Source: 2022 Annual Report

Akfen Gayrimenkul Yatirim Ortakligi AS. Stock Analysis AKFGY.E.IS

Turkey Real Estate Micro Cap Report: 2022 Annual

Akfen Gayrimenkul Yatirim Ortakligi AS operates as real estate investment trust. The company employs 21 full-time employees The company went IPO on 2011-05-11. Its main field of activity is to invest in real estate-backed capital market instruments, to create and develop real estate portfolios, and to engage in purposes and subjects set forth in articles 23 and 25 of the Communique on Principles regarding Real Estate Investment Trusts (Serial VI, No: 11) of the CMB. The Company’s domestic projects include Novotel and Hotel Ibis Istanbul, Zeytinburnu, Hotel Ibis Eskisehir, Novotel Trabzon, Novotel and Hotel Ibis Gaziantep, and Hotel Ibis Bursa. Its international projects include Hotel Ibis Yaroslavi and Mercure Hotel Kyrenia. Akfen Gayrimenkul Yatirim Ortakligi AS is a subsidiary of Akfen Holding A.S.

Key Statistics of Akfen Gayrimenkul Yatirim Ortakligi AS (AKFGY.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

TRY2.88TRY2.99

Today's Open

TRY2.98

Volume

30.97M

P/E Ratio (TTM)

4.46

52 Week Range

TRY1.88TRY3.19

Market Cap

11.31B

Avg. Volume

25.81M

Dividend Yield

Financial Metrics & Statements of Akfen Gayrimenkul Yatirim Ortakligi AS (AKFGY.E.IS)

FAQ's for Akfen Gayrimenkul Yatirim Ortakligi AS (AKFGY.E.IS)

According to Musaffa’s Shariah screening methodology, Akfen Gayrimenkul Yatirim Ortakligi AS (AKFGY.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.