Is Tofas Turk Otomobil Fabrikasi AS halal to invest in?

According to Musaffa's Shariah screening methodology, Tofas Turk Otomobil Fabrikasi AS (TOASO.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 Tofas Turk Otomobil Fabrikasi 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 Tofas Turk Otomobil Fabrikasi AS using these criteria to determine its compliance status.

Can Muslims buy shares of Tofas Turk Otomobil Fabrikasi AS?

Muslim investors may consider investing in Tofas Turk Otomobil Fabrikasi 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 Tofas Turk Otomobil Fabrikasi AS classified as NOT HALAL?

Musaffa determines the Shariah status of Tofas Turk Otomobil Fabrikasi 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 Tofas Turk Otomobil Fabrikasi AS updated?

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

Can a halal stock like Tofas Turk Otomobil Fabrikasi 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 Tofas Turk Otomobil Fabrikasi AS?

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

TOASO.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 27, 2026

Report Source: 2025 Annual Report

Tofas Turk Otomobil Fabrikasi AS. Stock Analysis TOASO.E.IS

Turkey Consumer Discretionary Mid Cap Report: 2025 Annual

Tofas Turk Otomobil Fabrikasi AS engages in the manufacture, export, distribution, and sale of passenger cars and light commercial vehicles. Tofas, which is a joint venture of Koc Holding AS and Fiat, also produces various automotive spare parts used in its automobiles. Its subsidiaries include: Koc Fiat Kredi Finansman AS, which offers consumer financing and Fer Mas Oto Ticaret AS, which is engaged in the trading of automobiles and spare parts. Tofas’s manufacturing facilities are located at Bursa. Tofas undertakes the representation of the following brands in the domestic market: Fiat, Alfa Romeo, Lancia, Jeep, Maserati and Ferrari.

Key Statistics of Tofas Turk Otomobil Fabrikasi AS (TOASO.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

TRY297.50TRY313.00

Today's Open

TRY306.00

Volume

4.03M

P/E Ratio (TTM)

18.60

52 Week Range

TRY174.00TRY349.50

Market Cap

143.00B

Avg. Volume

3.51M

Dividend Yield

4.59%

Financial Metrics & Statements of Tofas Turk Otomobil Fabrikasi AS (TOASO.E.IS)

FAQ's for Tofas Turk Otomobil Fabrikasi AS (TOASO.E.IS)

According to Musaffa’s Shariah screening methodology, Tofas Turk Otomobil Fabrikasi AS (TOASO.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.