Is Mercan Kimya Sanayi ve Ticaret AS halal to invest in?

According to Musaffa's Shariah screening methodology, Mercan Kimya Sanayi ve Ticaret AS (MERCN.E.IS) is currently classified as 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 Mercan Kimya 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 Mercan Kimya Sanayi ve Ticaret AS using these criteria to determine its compliance status.

Can Muslims buy shares of Mercan Kimya Sanayi ve Ticaret AS?

Muslim investors may consider investing in Mercan Kimya 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 Mercan Kimya Sanayi ve Ticaret AS classified as HALAL?

Musaffa determines the Shariah status of Mercan Kimya 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 Mercan Kimya Sanayi ve Ticaret AS updated?

The Shariah compliance status of Mercan Kimya 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 Mercan Kimya 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 Mercan Kimya Sanayi ve Ticaret AS?

You can check the latest Shariah compliance status of Mercan Kimya 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.

MERCN.E.IS Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: July 15, 2025

Report Source: 2025 1st Quarter Report

Mercan Kimya Sanayi ve Ticaret AS. Stock Analysis MERCN.E.IS

Turkey Materials Micro Cap Report: Q1, 2025

Mercan Kimya Sanayi ve Ticaret AS engages in the manufacture of paraffin products. The main activity of the entity is to produce, buy and sell paraffin, emulsion, petroleum jelly and liquid paraffin. Chemicals produced by Mercan Kimya, wax, matches, paper, textile, battery, lamination, gunpowder, pencil, crayons, polishing, enamel, cable, chrome plating, precision casting, leather, knitwear, electronic circuit soldering, chipboard, egg tray, concrete mold making, concrete additives are used in various industries apart from these. The annual production of the entity is 88,127 tons, export to 85 countries in 5 continents. Mercan Kimya has three group companies under its roof; Cosmer Kimya, Dermokim Kimya and Rowax Global.

Key Statistics of Mercan Kimya Sanayi ve Ticaret AS (MERCN.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

TRY16.23TRY16.80

Today's Open

TRY16.57

Volume

4.71M

P/E Ratio (TTM)

52 Week Range

TRY14.36TRY52.65

Market Cap

3.08B

Avg. Volume

3.11M

Dividend Yield

0.34%

Financial Metrics & Statements of Mercan Kimya Sanayi ve Ticaret AS (MERCN.E.IS)

FAQ's for Mercan Kimya Sanayi ve Ticaret AS (MERCN.E.IS)

According to Musaffa’s Shariah screening methodology, Mercan Kimya Sanayi ve Ticaret AS (MERCN.E.IS) is currently classified as 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.