Is Alarko Gayrimenkul Yatirim Ortakligi AS halal to invest in?

According to Musaffa's Shariah screening methodology, Alarko Gayrimenkul Yatirim Ortakligi AS (ALGYO.E.IS) is currently classified as NOT HALAL as of August 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 Alarko 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 Alarko Gayrimenkul Yatirim Ortakligi AS using these criteria to determine its compliance status.

Can Muslims buy shares of Alarko Gayrimenkul Yatirim Ortakligi AS?

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

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

The Shariah compliance status of Alarko 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 Alarko 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 Alarko Gayrimenkul Yatirim Ortakligi AS?

You can check the latest Shariah compliance status of Alarko 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.

ALGYO.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: August 02, 2024

Report Source: 2024 1st Quarter Report

Analyst's Ratings for Alarko Gayrimenkul Yatirim Ortakligi AS (ALGYO.E.IS)

Based on 7 analysts giving stock ratings to Alarko Gayrimenkul Yatirim Ortakligi AS in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Alarko Gayrimenkul Yatirim Ortakligi AS. Stock Analysis ALGYO.E.IS

Turkey Real Estate Micro Cap Report: Q1, 2024

Alarko Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust, which engages in the design, construction, and sale of real estate properties. The firm invests in projects developed by the Alarko Group, as well as leasing and collecting rent on the real estate that belongs to the Alarko Group companies. Its real estate portfolio includes Fethiye Hillside Beach Club Holiday Village, Dort Mevsim Evleri, Alkent Etiler Carsisi in Istanbul, Alkent Istanbul 2000, the Alarko Business Center in Karakoy, Alarko-Dim Business Center in Tepebasi, and Alarko Business Center in Cankaya, in addition to properties in Istanbul and Izmir. The firm is a subsidiary of Alsim Alarko Sanayi Tesisleri ve Ticaret AS.

Key Statistics of Alarko Gayrimenkul Yatirim Ortakligi AS (ALGYO.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

TRY7.51TRY8.20

Today's Open

TRY7.77

Volume

97.59M

P/E Ratio (TTM)

52 Week Range

TRY4.30TRY38.20

Market Cap

13.33B

Avg. Volume

109.74M

Dividend Yield

0.00%

Financial Metrics & Statements of Alarko Gayrimenkul Yatirim Ortakligi AS (ALGYO.E.IS)

FAQ's for Alarko Gayrimenkul Yatirim Ortakligi AS (ALGYO.E.IS)

According to Musaffa’s Shariah screening methodology, Alarko Gayrimenkul Yatirim Ortakligi AS (ALGYO.E.IS) is currently classified as NOT HALAL as of August 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.