Is Desa Deri Sanayi ve Ticaret AS halal to invest in?

According to Musaffa's Shariah screening methodology, Desa Deri Sanayi ve Ticaret AS (DESA.E.IS) is currently classified as NOT 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 Desa Deri 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 Desa Deri Sanayi ve Ticaret AS using these criteria to determine its compliance status.

Can Muslims buy shares of Desa Deri Sanayi ve Ticaret AS?

Muslim investors may consider investing in Desa Deri 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 Desa Deri Sanayi ve Ticaret AS classified as NOT HALAL?

Musaffa determines the Shariah status of Desa Deri 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 Desa Deri Sanayi ve Ticaret AS updated?

The Shariah compliance status of Desa Deri 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 Desa Deri 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 Desa Deri Sanayi ve Ticaret AS?

You can check the latest Shariah compliance status of Desa Deri 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.

DESA.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 11, 2025

Report Source: 2025 1st Quarter Report

Desa Deri Sanayi ve Ticaret AS. Stock Analysis DESA.E.IS

Turkey Consumer Discretionary Micro Cap Report: Q1, 2025

Desa Deri Sanayi ve Ticaret AS engages in the manufacture and sale of leather apparel. The firm produces leather garments for men and women, shoes, travel ware, bags, belts, home and office accessories, furniture and airplane upholstery. DESA operates three manufacturing facilities in Corlu, Duzce and Halkali, as well as a corporate branch office in Tuzla Free Trade Zone. DESA owns and operates 63 retail stores throughout Turkey, in addition to franchise stores, and a design and marketing office in the United Kingdom. The firm is a distributor of Samsonite, Aerosoles Shoes. The firm also provides in-house design for businesses and offices. The firm's main export regions are the European Union, the United Kingdom and the United States. As of December 31, 2010, the Company had five subsidiaries, three of which are in London, one in Istanbul and one in Russia, and two affiliates in Istanbul.

Key Statistics of Desa Deri Sanayi ve Ticaret AS (DESA.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

TRY12.85TRY13.08

Today's Open

TRY13.05

Volume

762.24K

P/E Ratio (TTM)

11.10

52 Week Range

TRY8.78TRY16.91

Market Cap

6.91B

Avg. Volume

2.45M

Dividend Yield

Financial Metrics & Statements of Desa Deri Sanayi ve Ticaret AS (DESA.E.IS)

FAQ's for Desa Deri Sanayi ve Ticaret AS (DESA.E.IS)

According to Musaffa’s Shariah screening methodology, Desa Deri Sanayi ve Ticaret AS (DESA.E.IS) is currently classified as NOT 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.