Is Soktas Tekstil Sanayi ve Ticaret AS halal to invest in?

According to Musaffa's Shariah screening methodology, Soktas Tekstil Sanayi ve Ticaret AS (SKTAS.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 Soktas Tekstil 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 Soktas Tekstil Sanayi ve Ticaret AS using these criteria to determine its compliance status.

Can Muslims buy shares of Soktas Tekstil Sanayi ve Ticaret AS?

Muslim investors may consider investing in Soktas Tekstil 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 Soktas Tekstil Sanayi ve Ticaret AS classified as NOT HALAL?

Musaffa determines the Shariah status of Soktas Tekstil 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 Soktas Tekstil Sanayi ve Ticaret AS updated?

The Shariah compliance status of Soktas Tekstil 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 Soktas Tekstil 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 Soktas Tekstil Sanayi ve Ticaret AS?

You can check the latest Shariah compliance status of Soktas Tekstil 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.

SKTAS.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 21, 2025

Report Source: 2025 1st Quarter Report

Soktas Tekstil Sanayi ve Ticaret AS. Stock Analysis SKTAS.E.IS

Turkey Consumer Discretionary Nano Cap Report: Q1, 2025

Söktas Tekstil Sanayi ve Ticaret AS engages in the shirting fabric production and dairy farming activities. The firm produces fabrics made of 100% organic cotton, linen and lycra, among others. Its product portfolio includes such textile collections, as Varsity, for sports designs; Classic, which utilized double twisted and compact yarns and can be used for classic designs; Casual, for leisure wear; Grace Ladieswear, which is a textile line aimed at women; Blanc Des Blancs, a white fabrics collection, and Black Is Black, a black fabric collection. In addition to the Company's main collection, it offers also such service programmes, as Fast Forward, Regency and 200/2. In July 2014, the Company sold its 99.9% stake in Moova Gida Sanayi ve Ticaret AS to Tat Gida Sanayi AS.

Key Statistics of Soktas Tekstil Sanayi ve Ticaret AS (SKTAS.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

TRY3.66TRY3.90

Today's Open

TRY3.89

Volume

12.65M

P/E Ratio (TTM)

52 Week Range

TRY2.79TRY6.85

Market Cap

1.75B

Avg. Volume

24.37M

Dividend Yield

Financial Metrics & Statements of Soktas Tekstil Sanayi ve Ticaret AS (SKTAS.E.IS)

FAQ's for Soktas Tekstil Sanayi ve Ticaret AS (SKTAS.E.IS)

According to Musaffa’s Shariah screening methodology, Soktas Tekstil Sanayi ve Ticaret AS (SKTAS.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.