Is Cates Elektrik Uretim AS halal to invest in?

According to Musaffa's Shariah screening methodology, Cates Elektrik Uretim AS (CATES.E.IS) is currently classified as HALAL as of July 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 Cates Elektrik Uretim 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 Cates Elektrik Uretim AS using these criteria to determine its compliance status.

Can Muslims buy shares of Cates Elektrik Uretim AS?

Muslim investors may consider investing in Cates Elektrik Uretim 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 Cates Elektrik Uretim AS classified as HALAL?

Musaffa determines the Shariah status of Cates Elektrik Uretim 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 Cates Elektrik Uretim AS updated?

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

Can a halal stock like Cates Elektrik Uretim 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 Cates Elektrik Uretim AS?

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

CATES.E.IS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 10, 2025

Report Source: 2025 1st Quarter Report

Cates Elektrik Uretim AS. Stock Analysis CATES.E.IS

Turkey Utilities Micro Cap Report: Q1, 2025

Çates Elektrik Uretim AS engages in electricity production. The firm primarily focuses on electricity generation from coal-powered thermal plants and it operates Catalagzi thermal power station which is located in Zonguldak. Catalagzi plant utilizes Zonguldak region's hard coal, which cannot be used in heavy industry, the power plant has two units its total installed power is approximately 315 MW, and its annual production capacity is over 2 GWh. Cates Elektrik is a member of the Aydem Holding Group which is active in the energy sector, and its main activities consist generation and distribution of electricity, power plant construction, and electricity retail.

Key Statistics of Cates Elektrik Uretim AS (CATES.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

TRY38.46TRY40.74

Today's Open

TRY40.92

Volume

4.08M

P/E Ratio (TTM)

3.73

52 Week Range

TRY27.00TRY52.50

Market Cap

6.97B

Avg. Volume

2.55M

Dividend Yield

Financial Metrics & Statements of Cates Elektrik Uretim AS (CATES.E.IS)

FAQ's for Cates Elektrik Uretim AS (CATES.E.IS)

According to Musaffa’s Shariah screening methodology, Cates Elektrik Uretim AS (CATES.E.IS) is currently classified as HALAL as of July 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.