Is Ray Sigorta AS halal to invest in?

According to Musaffa's Shariah screening methodology, Ray Sigorta AS (RAYSG.E.IS) is currently classified as NOT HALAL as of April 2026. 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 Ray Sigorta 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 Ray Sigorta AS using these criteria to determine its compliance status.

Can Muslims buy shares of Ray Sigorta AS?

Muslim investors may consider investing in Ray Sigorta 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 Ray Sigorta AS classified as NOT HALAL?

Musaffa determines the Shariah status of Ray Sigorta 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 Ray Sigorta AS updated?

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

Can a halal stock like Ray Sigorta 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 Ray Sigorta AS?

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

RAYSG.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 27, 2026

Report Source: 2025 Annual Report

Ray Sigorta AS. Stock Analysis RAYSG.E.IS

Turkey Financials Small Cap Report: 2025 Annual

Ray Sigorta AS engages in the provision of insurance services. The firm offers life, accident, fire, shipping, engineering, motor vehicle, travel, health, agricultural, home, workplace, transportation and medical insurance plans, as well as such special insurances, as aviation, legal protection, engineering, commodity marine/cargo and hull insurances. As of December 31, 2011, it offered its services through 788 agencies, 64 bank branches, 59 brokers, 6 leasing and 818 contracted car service points in 73 provinces and 1,908 contracted health institutions. The firm serves individual policyholders in various business segments, including transportation, media, manufacturing, marketing and distribution. As of December 31, 2011, it was a 81.59%-owned subsidiary of TBIH Financial Services Group N.V. The company is a part of the Vienna Insurance Group.

Key Statistics of Ray Sigorta AS (RAYSG.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

TRY192.20TRY197.90

Today's Open

TRY197.00

Volume

180.14K

P/E Ratio (TTM)

8.64

52 Week Range

TRY187.30TRY301.25

Market Cap

31.46B

Avg. Volume

281.74K

Dividend Yield

Financial Metrics & Statements of Ray Sigorta AS (RAYSG.E.IS)

FAQ's for Ray Sigorta AS (RAYSG.E.IS)

According to Musaffa’s Shariah screening methodology, Ray Sigorta AS (RAYSG.E.IS) is currently classified as NOT HALAL as of April 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.