Is ICBC Turkey Bank AS halal to invest in?

According to Musaffa's Shariah screening methodology, ICBC Turkey Bank AS (ICBCT.E.IS) is currently classified as NOT HALAL as of October 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 ICBC Turkey Bank 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 ICBC Turkey Bank AS using these criteria to determine its compliance status.

Can Muslims buy shares of ICBC Turkey Bank AS?

Muslim investors may consider investing in ICBC Turkey Bank 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 ICBC Turkey Bank AS classified as NOT HALAL?

Musaffa determines the Shariah status of ICBC Turkey Bank 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 ICBC Turkey Bank AS updated?

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

Can a halal stock like ICBC Turkey Bank 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 ICBC Turkey Bank AS?

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

ICBCT.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 27, 2025

Report Source: 2025 3rd Quarter Report

ICBC Turkey Bank AS. Stock Analysis ICBCT.E.IS

Turkey Financials Small Cap Report: Q3, 2025

ICBC Turkey Bank AS provides banking and financial services. The Bank's corporate and commercial banking products and services include domestic and export financing, risk management, Eximbank loans, foreign credits, non-cash loans, factoring and leasing. Retail banking services consist of consumer loans, savings accounts, credit cards, payment services, safe deposit boxes, insurance services and private pension plans. The Bank also offers investment services, such as investment in mutual funds, treasury bills and government bonds and Eurobonds, among others. Additionally, the Bank operates and online banking facility. The Bank operates through 44 branches throughout Turkey. The company branches are predominantly located in the western region of Turkey.

Key Statistics of ICBC Turkey Bank AS (ICBCT.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

TRY17.01TRY18.71

Today's Open

TRY17.45

Volume

6.61M

P/E Ratio (TTM)

172.81

52 Week Range

TRY12.31TRY18.86

Market Cap

14.22B

Avg. Volume

2.71M

Dividend Yield

Financial Metrics & Statements of ICBC Turkey Bank AS (ICBCT.E.IS)

FAQ's for ICBC Turkey Bank AS (ICBCT.E.IS)

According to Musaffa’s Shariah screening methodology, ICBC Turkey Bank AS (ICBCT.E.IS) is currently classified as NOT HALAL as of October 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.