Is Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS halal to invest in?

According to Musaffa's Shariah screening methodology, Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS (SANFM.E.IS) is currently classified as DOUBTFUL as of August 2024. 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 Sanifoam Endustri Ve Tuketim Urunleri Sanayi 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 Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS using these criteria to determine its compliance status.

Can Muslims buy shares of Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS?

Muslim investors may consider investing in Sanifoam Endustri Ve Tuketim Urunleri Sanayi 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 Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS classified as DOUBTFUL?

Musaffa determines the Shariah status of Sanifoam Endustri Ve Tuketim Urunleri Sanayi 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 Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS updated?

The Shariah compliance status of Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Where can I check the Shariah status of Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS?

You can check the latest Shariah compliance status of Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

SANFM.E.IS Shariah Compliance

Screening Methodology: AAOIFI

DOUBTFUL

Last Updated: August 05, 2024

Report Source: 2024 1st Quarter Report

Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS. Stock Analysis SANFM.E.IS

Q: Can a halal stock like Sanifoam Endustri Ve Tuketim Urunleri Sanayi 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.

Turkey Materials Micro Cap Report: Q1, 2024

Sanifoam Endüstri ve Tüketim Ürünleri AS engages in the manufacture, sales, and export of foam products. The Company’s products include technical foams, cleaning products, including scrubber sponges, scouring balls and fibers, cleaning/sponge cloths, window cloths, nonwoven materials both for cleaning and automotive sectors, cleaning sets and mops, cleaning wipes, bath sponges, floor cloths/mats, car care sponges and window-door weather-strips, shoe shiners, and industrial cleaning sponges; orthopedic foam mattresses, filtration foams, composite products, flame retardant polyester, technical filtrations foams. The firm also provides products for acoustic and insulation, including industrial insulation, building acoustic, marine, roof insulation, and fire protection applications.

Key Statistics of Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS (SANFM.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

TRY7.31TRY7.83

Today's Open

TRY7.74

Volume

12.64M

P/E Ratio (TTM)

1,521.35

52 Week Range

TRY4.90TRY12.16

Market Cap

2.81B

Avg. Volume

18.32M

Dividend Yield

0.35%

Financial Metrics & Statements of Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS (SANFM.E.IS)

FAQ's for Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS (SANFM.E.IS)

According to Musaffa’s Shariah screening methodology, Sanifoam Endustri Ve Tuketim Urunleri Sanayi Ticaret AS (SANFM.E.IS) is currently classified as DOUBTFUL as of August 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.