Is Toya SA halal to invest in?

According to Musaffa's Shariah screening methodology, Toya SA (TOA.WA) is currently classified as HALAL as of January 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 Toya SA 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 Toya SA using these criteria to determine its compliance status.

Can Muslims buy shares of Toya SA?

Muslim investors may consider investing in Toya SA 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 Toya SA classified as HALAL?

Musaffa determines the Shariah status of Toya SA 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 Toya SA updated?

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

Can a halal stock like Toya SA 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 Toya SA?

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

Toya SA TOA.WA

Last Updated: May 15, 12:00 AM·GPW

TOA.WA Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: January 17, 2024

Report Source: 2023 3rd Quarter Report

Toya SA. Stock Analysis TOA.WA

Poland Consumer Staples Micro Cap Report: Q3, 2023

Toya SA engages in the production and distribution of hand tools and power tools. The firm's products include, spanners, sockets, torque wrenches, screwdrivers, pliers, electrician tools, hammers, chisels, cutting tools, pneumatic tools, garden tools, clamps, health and safety articles, measuring tools, hydraulic and construction tools, fastening tools, impact drills, rotary hammers, cordless tools, grinders, polishers, jig saws, circular saws, submersible pumps, electric pressure washers, soldering guns, paint and mortar mixers, faucets, shower handles, bathroom scales, toilet seats, and wide range of modern design bathroom accessories. Its portfolio comprises such brands as: YATO, FALA, FLO, POWER UP, STHOR, VOREL and LUND. On July 16, 2014, the Company raised its stake in Yato Tools (Szanghaj) Co Ltd to 100%.

Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

Toya SA TOA.WA

HALAL

Toya SA. Stock Analysis TOA.WA

Shariah Compliance Report

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