Is Eregli Demir ve Celik Fabrikalari TAS halal to invest in?

According to Musaffa's Shariah screening methodology, Eregli Demir ve Celik Fabrikalari TAS (EREGL.E.IS) is currently classified as NOT HALAL as of April 2026. 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 Eregli Demir ve Celik Fabrikalari TAS 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 Eregli Demir ve Celik Fabrikalari TAS using these criteria to determine its compliance status.

Can Muslims buy shares of Eregli Demir ve Celik Fabrikalari TAS?

Muslim investors may consider investing in Eregli Demir ve Celik Fabrikalari TAS 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 Eregli Demir ve Celik Fabrikalari TAS classified as NOT HALAL?

Musaffa determines the Shariah status of Eregli Demir ve Celik Fabrikalari TAS 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 Eregli Demir ve Celik Fabrikalari TAS updated?

The Shariah compliance status of Eregli Demir ve Celik Fabrikalari TAS may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Eregli Demir ve Celik Fabrikalari TAS 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 Eregli Demir ve Celik Fabrikalari TAS?

You can check the latest Shariah compliance status of Eregli Demir ve Celik Fabrikalari TAS on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

EREGL.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 27, 2026

Report Source: 2025 Annual Report

Eregli Demir ve Celik Fabrikalari TAS. Stock Analysis EREGL.E.IS

Turkey Materials Mid Cap Report: 2025 Annual

Eregli Demir ve Çelik Fabrikalari TAS engages in the manufacture and sale of iron and steel. The firm produces plates, hot and cold rolled, tin, chromium and zinc coated flat steel and supplies basic inputs to automotive, white goods, pipes and tubes, rolling, manufacturing, electrics-electronics, mechanical engineering, energy, heating equipment, shipbuilding, defense, and packaging industries. The Company’s subsidiaries include: Erdemir Asia Pacific Pte Ltd, Erdemir Celik Servis Merkezi Sanayi ve Ticaret AS, Erdemir Madencilik Sanayi ve Ticaret AS, Erdemir Muhendislik Yonetim ve Danismanlik Hizmetleri AS, Erdemir-Romania SRL and Iskenderun Demir ve Celik AS.

Key Statistics of Eregli Demir ve Celik Fabrikalari TAS (EREGL.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

TRY39.04TRY39.86

Today's Open

TRY39.48

Volume

152.18M

P/E Ratio (TTM)

20.32

52 Week Range

TRY22.92TRY43.72

Market Cap

246.88B

Avg. Volume

196.19M

Dividend Yield

0.63%

Financial Metrics & Statements of Eregli Demir ve Celik Fabrikalari TAS (EREGL.E.IS)

FAQ's for Eregli Demir ve Celik Fabrikalari TAS (EREGL.E.IS)

According to Musaffa’s Shariah screening methodology, Eregli Demir ve Celik Fabrikalari TAS (EREGL.E.IS) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.