Is Alves Kablo Sanayi ve Ticaret AS halal to invest in?

According to Musaffa's Shariah screening methodology, Alves Kablo Sanayi ve Ticaret AS (ALVES.E.IS) is currently classified as NOT HALAL as of June 2025. 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 Alves Kablo Sanayi ve Ticaret 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 Alves Kablo Sanayi ve Ticaret AS using these criteria to determine its compliance status.

Can Muslims buy shares of Alves Kablo Sanayi ve Ticaret AS?

Muslim investors may consider investing in Alves Kablo Sanayi ve Ticaret 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 Alves Kablo Sanayi ve Ticaret AS classified as NOT HALAL?

Musaffa determines the Shariah status of Alves Kablo Sanayi ve Ticaret 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 Alves Kablo Sanayi ve Ticaret AS updated?

The Shariah compliance status of Alves Kablo Sanayi ve Ticaret AS may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Alves Kablo Sanayi ve Ticaret 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 Alves Kablo Sanayi ve Ticaret AS?

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

ALVES.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 12, 2025

Report Source: 2025 1st Quarter Report

Alves Kablo Sanayi ve Ticaret AS. Stock Analysis ALVES.E.IS

Turkey Industrials Micro Cap Report: Q1, 2025

Alves Kablo Sanayi ve Ticaret AS engages in the manufacture and sale of cables. The firm offers a wide range of products, such as installation cables, underground cables, armored cables, halogen-free cables, aluminum cables, solar energy specified cables, control cables, and custom cables according to client needs. Alves Kablo produces all kinds of energy cables, starting from the production of eight mm electrolytic copper wires to three kilovolts cables, in its production facilities which are certificated with ISO 9001- IS0 14001 and IS0 45001 standards.

Key Statistics of Alves Kablo Sanayi ve Ticaret AS (ALVES.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

TRY3.36TRY3.53

Today's Open

TRY3.52

Volume

148.10M

P/E Ratio (TTM)

55.36

52 Week Range

TRY2.81TRY42.32

Market Cap

5.20B

Avg. Volume

194.47M

Dividend Yield

Financial Metrics & Statements of Alves Kablo Sanayi ve Ticaret AS (ALVES.E.IS)

FAQ's for Alves Kablo Sanayi ve Ticaret AS (ALVES.E.IS)

According to Musaffa’s Shariah screening methodology, Alves Kablo Sanayi ve Ticaret AS (ALVES.E.IS) is currently classified as NOT HALAL as of June 2025. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.