Is Parsan Makina Parcalari Sanayii AS halal to invest in?

According to Musaffa's Shariah screening methodology, Parsan Makina Parcalari Sanayii AS (PARSN.E.IS) is currently classified as NOT 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 Parsan Makina Parcalari Sanayii 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 Parsan Makina Parcalari Sanayii AS using these criteria to determine its compliance status.

Can Muslims buy shares of Parsan Makina Parcalari Sanayii AS?

Muslim investors may consider investing in Parsan Makina Parcalari Sanayii 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 Parsan Makina Parcalari Sanayii AS classified as NOT HALAL?

Musaffa determines the Shariah status of Parsan Makina Parcalari Sanayii 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 Parsan Makina Parcalari Sanayii AS updated?

The Shariah compliance status of Parsan Makina Parcalari Sanayii AS may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Parsan Makina Parcalari Sanayii 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 Parsan Makina Parcalari Sanayii AS?

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

PARSN.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 08, 2025

Report Source: 2025 1st Quarter Report

Parsan Makina Parcalari Sanayii AS. Stock Analysis PARSN.E.IS

Turkey Consumer Discretionary Micro Cap Report: Q1, 2025

Parsan Makina Parcalari Sanayii AS engages in the manufacture of gearboxes, transmission parts, and parts for all kinds of transportation vehicles, agricultural, and construction machinery. The company employs 1,221 full-time employees For the automotive industry, the Company offers rear axle shafts, front axle beams and assemblies, steering knuckles, tie rod arms, hub forgings, gear and transmission shafts, universal joint and flange forgings, engine parts and other products. The company also provides components and assemblies for the defense, aerospace and railway industries. Parsan's production facility has forging, heat treatment, magnetic crack inspection, axle shaft, front axle assembly and sand blasting units. The Company’s products are primarily exported to Germany, the Republic of South Africa, Belgium, Russia, Spain, Hungary, Italy, Czech Republic, Austria, Norway, the Netherlands and Egypt. The firm is a subsidiary of Celik Holding AS.

Key Statistics of Parsan Makina Parcalari Sanayii AS (PARSN.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

TRY87.70TRY91.85

Today's Open

TRY91.00

Volume

541.49K

P/E Ratio (TTM)

52 Week Range

TRY74.60TRY112.80

Market Cap

6.95B

Avg. Volume

537.95K

Dividend Yield

Financial Metrics & Statements of Parsan Makina Parcalari Sanayii AS (PARSN.E.IS)

FAQ's for Parsan Makina Parcalari Sanayii AS (PARSN.E.IS)

According to Musaffa’s Shariah screening methodology, Parsan Makina Parcalari Sanayii AS (PARSN.E.IS) is currently classified as NOT 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.