Is Kartonsan Karton Sanayi ve Ticaret AS halal to invest in?

According to Musaffa's Shariah screening methodology, Kartonsan Karton Sanayi ve Ticaret AS (KARTN.E.IS) is currently classified as HALAL as of August 2024. 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 Kartonsan Karton 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 Kartonsan Karton Sanayi ve Ticaret AS using these criteria to determine its compliance status.

Can Muslims buy shares of Kartonsan Karton Sanayi ve Ticaret AS?

Muslim investors may consider investing in Kartonsan Karton 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 Kartonsan Karton Sanayi ve Ticaret AS classified as HALAL?

Musaffa determines the Shariah status of Kartonsan Karton 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 Kartonsan Karton Sanayi ve Ticaret AS updated?

The Shariah compliance status of Kartonsan Karton 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 Kartonsan Karton 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 Kartonsan Karton Sanayi ve Ticaret AS?

You can check the latest Shariah compliance status of Kartonsan Karton 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.

KARTN.E.IS Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: August 03, 2024

Report Source: 2024 1st Quarter Report

Kartonsan Karton Sanayi ve Ticaret AS. Stock Analysis KARTN.E.IS

Turkey Materials Micro Cap Report: Q1, 2024

Kartonsan Karton Sanayi ve Ticaret AS engages in the manufacture and trade of coated cardboards. The firm's products include Normprint, a multi-coated grey-backside cardboard with a blade top coat, which is used as a packaging material; Exprint, used in all types of packaging and detailed graphic printing; Luxtriplex, a multi-coated cardboard with white backside which is ideal for all types of packaging, especially for food, cosmetics, pharmaceuticals, greeting cards and advertising materials, and Ultratriplex, a multi-coated cardboard with enhanced brightness on both sides and selected recovered paper content. The Company’s products are available in different weights, and are used for a range of packaging and printing applications in several industries. The firm exports its products to 17 countries.

Key Statistics of Kartonsan Karton Sanayi ve Ticaret AS (KARTN.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

TRY64.55TRY67.60

Today's Open

TRY67.60

Volume

524.80K

P/E Ratio (TTM)

52 Week Range

TRY61.65TRY102.50

Market Cap

6.05B

Avg. Volume

397.35K

Dividend Yield

0.03%

Financial Metrics & Statements of Kartonsan Karton Sanayi ve Ticaret AS (KARTN.E.IS)

FAQ's for Kartonsan Karton Sanayi ve Ticaret AS (KARTN.E.IS)

According to Musaffa’s Shariah screening methodology, Kartonsan Karton Sanayi ve Ticaret AS (KARTN.E.IS) is currently classified as HALAL as of August 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.