Is Bogazici Beton Sanayi ve Ticaret AS halal to invest in?

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

Can Muslims buy shares of Bogazici Beton Sanayi ve Ticaret AS?

Muslim investors may consider investing in Bogazici Beton 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 Bogazici Beton Sanayi ve Ticaret AS classified as NOT HALAL?

Musaffa determines the Shariah status of Bogazici Beton 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 Bogazici Beton Sanayi ve Ticaret AS updated?

The Shariah compliance status of Bogazici Beton 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 Bogazici Beton 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 Bogazici Beton Sanayi ve Ticaret AS?

You can check the latest Shariah compliance status of Bogazici Beton 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.

BOBET.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: June 26, 2024

Report Source: 2024 1st Quarter Report

Analyst's Ratings for Bogazici Beton Sanayi ve Ticaret AS (BOBET.E.IS)

Based on 7 analysts giving stock ratings to Bogazici Beton Sanayi ve Ticaret AS in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Bogazici Beton Sanayi ve Ticaret AS. Stock Analysis BOBET.E.IS

Turkey Industrials Micro Cap Report: Q1, 2024

Bogaziçi Beton Sanayi ve Ticaret AS engages in the provision of concretes. The company employs 1,719 full-time employees The company went IPO on 2021-06-03. The firm's field of activity consist of ready-mixed concrete production, trading, opening and operation of stone and sand quarries. Entity continues its production and sales activities in 21 different locations in Istanbul with 29 ready-mixed concrete plants, in addition it operates 2 stone crushing plants with an aggregate production capacity of 6 million tons. Bogazici Beton has a total annual ready mixed concrete production capacity of 6 million cubic meters. Besides standard concrete it also produces different technical concretes such as fiber reinforced concrete, colored concrete, pressed concrete, sleeper concrete, ready-mixed plaster concrete, marine concrete, industrial field concrete and extra-durable concrete.

Key Statistics of Bogazici Beton Sanayi ve Ticaret AS (BOBET.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

TRY18.87TRY19.44

Today's Open

TRY19.39

Volume

2.76M

P/E Ratio (TTM)

45.79

52 Week Range

TRY17.88TRY29.20

Market Cap

7.36B

Avg. Volume

4.05M

Dividend Yield

4.73%

Financial Metrics & Statements of Bogazici Beton Sanayi ve Ticaret AS (BOBET.E.IS)

FAQ's for Bogazici Beton Sanayi ve Ticaret AS (BOBET.E.IS)

According to Musaffa’s Shariah screening methodology, Bogazici Beton Sanayi ve Ticaret AS (BOBET.E.IS) is currently classified as NOT HALAL as of June 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.