Is Izmir Demir Celik Sanayi AS halal to invest in?

According to Musaffa's Shariah screening methodology, Izmir Demir Celik Sanayi AS (IZMDC.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 Izmir Demir Celik Sanayi 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 Izmir Demir Celik Sanayi AS using these criteria to determine its compliance status.

Can Muslims buy shares of Izmir Demir Celik Sanayi AS?

Muslim investors may consider investing in Izmir Demir Celik Sanayi 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 Izmir Demir Celik Sanayi AS classified as NOT HALAL?

Musaffa determines the Shariah status of Izmir Demir Celik Sanayi 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 Izmir Demir Celik Sanayi AS updated?

The Shariah compliance status of Izmir Demir Celik Sanayi AS may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Izmir Demir Celik Sanayi 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 Izmir Demir Celik Sanayi AS?

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

IZMDC.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 08, 2025

Report Source: 2025 1st Quarter Report

Izmir Demir Celik Sanayi AS. Stock Analysis IZMDC.E.IS

Turkey Materials Micro Cap Report: Q1, 2025

Izmir Demir Çelik Sanayi AS engages in the manufacture of iron and steel products. The company operates two production units: Melt shop, where the steel scrap is melted, refined and converted to steel billets, and Rolling Mill, which is computerized, and incorporated with slit rolling, double slit rolling, controlled cooling and composite rolling, where the billets are formed into plain and deformed bars in different diameters. The firm owns a port facility in Izmir, where it offers maritime services, such as chartering, warehousing, ship handling, custom clearance, as well as stevedoring through its subsidiary, IDC Liman Isletmeleri. Akdemir Celik and Izdemir Enerji Elektrik Uretim AS are other subsidiaries of the Company, active in the steel and energy industries, respectively. The firm is a subsidiary of Sahin-Koc Celik Sanayi AS.

Key Statistics of Izmir Demir Celik Sanayi AS (IZMDC.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

TRY7.70TRY7.94

Today's Open

TRY7.89

Volume

8.14M

P/E Ratio (TTM)

52 Week Range

TRY4.80TRY9.52

Market Cap

10.64B

Avg. Volume

11.97M

Dividend Yield

Financial Metrics & Statements of Izmir Demir Celik Sanayi AS (IZMDC.E.IS)

FAQ's for Izmir Demir Celik Sanayi AS (IZMDC.E.IS)

According to Musaffa’s Shariah screening methodology, Izmir Demir Celik Sanayi AS (IZMDC.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.