Is Kordsa Teknik Tekstil AS halal to invest in?

According to Musaffa's Shariah screening methodology, Kordsa Teknik Tekstil AS (KORDS.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 Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil AS using these criteria to determine its compliance status.

Can Muslims buy shares of Kordsa Teknik Tekstil AS?

Muslim investors may consider investing in Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil AS classified as NOT HALAL?

Musaffa determines the Shariah status of Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil AS updated?

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

Can a halal stock like Kordsa Teknik Tekstil 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 Kordsa Teknik Tekstil AS?

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

KORDS.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: October 26, 2025

Report Source: 2025 2nd Quarter Report

Kordsa Teknik Tekstil AS. Stock Analysis KORDS.E.IS

Turkey Consumer Discretionary Micro Cap Report: Q2, 2025

Kordsa Teknik Tekstil A.S. engages in the manufacture of industrial nylon and polyester yarn, tire cord fabric, and single end cord. The company offers carcass and industrial fabrics that are used in the structure of vehicle tires; rubber and plastic materials; denier fiber, and connection fabrics. The firm also produces and markets fabrics for mechanical rubber goods and other rubber reinforcement materials; converts various types of yarns into cord fabrics, and provides nylon six, nylon 6.6 for use in tires and mechanical rubber goods, and polyethylene-terephthalate high modulus low shrinkage polyester, as well as rayon heavy decitex yarns. The Company’s operations are divided into the following geographic segments: Europe, Middle East and Africa; North America; South America, and Asia. The firm is a subsidiary of Haci Omer Sabanci Holding AS.

Key Statistics of Kordsa Teknik Tekstil AS (KORDS.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

TRY89.10TRY94.55

Today's Open

TRY90.50

Volume

5.17M

P/E Ratio (TTM)

52 Week Range

TRY47.90TRY94.55

Market Cap

12.53B

Avg. Volume

3.56M

Dividend Yield

Financial Metrics & Statements of Kordsa Teknik Tekstil AS (KORDS.E.IS)

FAQ's for Kordsa Teknik Tekstil AS (KORDS.E.IS)

According to Musaffa’s Shariah screening methodology, Kordsa Teknik Tekstil AS (KORDS.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.