Sumitomo Electric Industries Ltd SMTOY
$6.75 $0.08 (1.17%) 1D
Last Updated: Aug 21, 12:00 AM·OOTC
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SMTOY Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Sumitomo Electric Industries Ltd is classified as halal.
HALAL
Report Source: undefined Quarter Report
Sumitomo Electric Industries Ltd. Stock Analysis SMTOY
United States Consumer Discretionary Large Cap Sumitomo Electric Industries, Ltd. engages in the manufacture and sale of electrical wires, cables, and other communication wiring products. The company is headquartered in Osaka, Osaka-Fu and currently employs 288,145 full-time employees. The firm operates its business through five business segments. The Environment and Energy-related Business segment provides electrical conductive products, wires, cables, and equipment for power transmission and distribution. The Information and Communication Related Business segment provides optical fiber cables, communication cables and equipment, optical fusion splicers. The Automotive Business segment provides network and system products such as wire harnesses, anti-vibration rubber and automotive hoses. The Electronics-related Business segment provides electronic wires, electron irradiation products, and flexible printed circuits. The Industrial Materials & Others segment provides steel wires for precision springs, steel cords, carbide tools, sintered parts, and semiconductor heatspreader substrates.
Sumitomo Electric Industries Ltd (SMTOY) Chart
Financial Metrics & Statements of Sumitomo Electric Industries Ltd (SMTOY)
FAQ's for Sumitomo Electric Industries Ltd (SMTOY)
- As of August 2026, Sumitomo Electric Industries Ltd SMTOY 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 Sumitomo Electric Industries Ltd using these criteria to determine its compliance status.
- Muslim investors may consider investing in Sumitomo Electric Industries Ltd 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 Sumitomo Electric Industries Ltd 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 Sumitomo Electric Industries Ltd 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 Sumitomo Electric Industries Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Sumitomo Electric Industries Ltd (SMTOY)
Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.
