Is Karsan Otomotiv Sanayii ve Ticaret AS halal to invest in?

According to Musaffa's Shariah screening methodology, Karsan Otomotiv Sanayii ve Ticaret AS (KARSN.E.IS) is currently classified as NOT HALAL as of March 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 Karsan Otomotiv Sanayii 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 Karsan Otomotiv Sanayii ve Ticaret AS using these criteria to determine its compliance status.

Can Muslims buy shares of Karsan Otomotiv Sanayii ve Ticaret AS?

Muslim investors may consider investing in Karsan Otomotiv Sanayii 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 Karsan Otomotiv Sanayii ve Ticaret AS classified as NOT HALAL?

Musaffa determines the Shariah status of Karsan Otomotiv Sanayii 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 Karsan Otomotiv Sanayii ve Ticaret AS updated?

The Shariah compliance status of Karsan Otomotiv Sanayii ve Ticaret AS may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Karsan Otomotiv Sanayii 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 Karsan Otomotiv Sanayii ve Ticaret AS?

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

KARSN.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 18, 2025

Report Source: 2024 Annual Report

Analyst's Ratings for Karsan Otomotiv Sanayii ve Ticaret AS (KARSN.E.IS)

Based on 7 analysts giving stock ratings to Karsan Otomotiv Sanayii ve Ticaret AS in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Karsan Otomotiv Sanayii ve Ticaret AS. Stock Analysis KARSN.E.IS

Turkey Consumer Discretionary Micro Cap Report: 2024 Annual

Karsan Otomotiv Sanayii ve Ticaret AS engages in the manufacture and marketing of commercial vehicles. The firm serves such brands, as Renault - Trucks, Peugeot and Citroen. Its product portfolio comprises Karsan minibuses and buses, BredaMenarinibus buses, and Hyundai Truck pickups and light trucks. The company has two production facilities, namely the Akcalar factory, which manufactures buses, as well as is engaged in welding and painting activities, among others, and the OSB (Industrial Zone) factory, which manufactures and paints tractor cabins, as well as manufactures spare parts. The company has two subsidiaries, namely the wholly owned KARSAN USA LLC and the 83%-owned KIRPART OTOMOTIV PARCALARI SAN. VE TIC. A.S., as well as owns 25% shares of KARSAN OTOMOTIV SANAYI MAMULLERI PAZARLAMA A.S. The firm is a part of the Kiraca Group of Companies.

Key Statistics of Karsan Otomotiv Sanayii ve Ticaret AS (KARSN.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

TRY13.61TRY14.32

Today's Open

TRY14.05

Volume

23.96M

P/E Ratio (TTM)

71.36

52 Week Range

TRY8.63TRY15.25

Market Cap

10.25B

Avg. Volume

27.64M

Dividend Yield

Financial Metrics & Statements of Karsan Otomotiv Sanayii ve Ticaret AS (KARSN.E.IS)

FAQ's for Karsan Otomotiv Sanayii ve Ticaret AS (KARSN.E.IS)

According to Musaffa’s Shariah screening methodology, Karsan Otomotiv Sanayii ve Ticaret AS (KARSN.E.IS) is currently classified as NOT HALAL as of March 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.