Is Akin Tekstil AS halal to invest in?

According to Musaffa's Shariah screening methodology, Akin Tekstil AS (ATEKS.E.IS) is currently classified as DOUBTFUL as of March 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 Akin Tekstil 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 Akin Tekstil AS using these criteria to determine its compliance status.

Can Muslims buy shares of Akin Tekstil AS?

Muslim investors may consider investing in Akin Tekstil 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 Akin Tekstil AS classified as DOUBTFUL?

Musaffa determines the Shariah status of Akin Tekstil 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 Akin Tekstil AS updated?

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

Can a halal stock like Akin Tekstil 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 Akin Tekstil AS?

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

ATEKS.E.IS Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: March 27, 2025

Report Source: 2024 Annual Report

Akin Tekstil AS. Stock Analysis ATEKS.E.IS

Turkey Consumer Discretionary Micro Cap Report: 2024 Annual

Akin Tekstil AS engages in the manufacture and sale of fabric, yarn and garments. The company employs 335 full-time employees The Company’s products are divided into four primary categories, namely Fabric, Confection, Technical Textiles and Shirting. The Fabric category comprises fabrics made of cotton, cotton/lycra, cotton/metal, polyester/cotton, polyester/viscose, cotton/nylon and other mixes. The Confection category conducts cutting operation for ladies’ and men’s trousers, which are being manufactured for the selected brand names of the Western Europe and the United States. The Technical Textiles category offers a range of fabrics to both domestic and international markets, and its product range includes flame retardant yarns, flame retardant clothing, marine fabrics, aircraft fabrics, contract fabrics and flame retardant finishing. The Shirting category comprises cotton shirting fabrics.

Key Statistics of Akin Tekstil AS (ATEKS.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

TRY92.50TRY94.00

Today's Open

TRY94.00

Volume

9344.00

P/E Ratio (TTM)

52 Week Range

TRY70.00TRY159.30

Market Cap

2.37B

Avg. Volume

26.19K

Dividend Yield

Financial Metrics & Statements of Akin Tekstil AS (ATEKS.E.IS)

FAQ's for Akin Tekstil AS (ATEKS.E.IS)

According to Musaffa’s Shariah screening methodology, Akin Tekstil AS (ATEKS.E.IS) is currently classified as DOUBTFUL as of March 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.