As of August 2026, Mercan Kimya Sanayi ve Ticaret AS is classified as halal.
HALAL
Report Source: undefined Quarter Report
Mercan Kimya Sanayi ve Ticaret AS. Stock Analysis MERCN.E.IS
Turkey Materials Micro Cap
Mercan Kimya Sanayi ve Ticaret AS engages in the manufacture of paraffin products. The company employs 163 full-time employees The company went IPO on 2021-05-27. 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.
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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)
As of August 2026, Mercan Kimya Sanayi ve Ticaret AS MERCN.E.IS is classified as halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
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.
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.
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.
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.
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.
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.
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