Is Turcas Holding AS halal to invest in?

According to Musaffa's Shariah screening methodology, Turcas Holding AS (TRCAS.E.IS) is currently classified as NOT HALAL as of April 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 Turcas Holding 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 Turcas Holding AS using these criteria to determine its compliance status.

Can Muslims buy shares of Turcas Holding AS?

Muslim investors may consider investing in Turcas Holding 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 Turcas Holding AS classified as NOT HALAL?

Musaffa determines the Shariah status of Turcas Holding 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 Turcas Holding AS updated?

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

Can a halal stock like Turcas Holding 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 Turcas Holding AS?

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

TRCAS.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: April 14, 2025

Report Source: 2024 Annual Report

Analyst's Ratings for Turcas Holding AS (TRCAS.E.IS)

Based on 8 analysts giving stock ratings to Turcas Holding AS in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Turcas Holding AS. Stock Analysis TRCAS.E.IS

Turkey Energy Micro Cap Report: 2024 Annual

Turcas Holding AS is an investment holding company, which engages in the fuel distribution, oil refining, power generation and trading, and import and wholesale of natural gas in the liberalizing energy markets. The firm engages in retail and commercial sales, marketing and distribution of fuel products and lubricants. Its joint venture, RWE and Turcas South Power Generation, operates a natural gas fired combined cycle power plant in the city of Denizli. The firm also develops geothermal, solar and wind power projects and invests in a geothermal power plant site at Aydin, Turkey under the name of Turcas Kuyucak Geothermal Power Generation. Its segments are Oil, which includes lubricants, engine oil and fuel products; Electricity, which consists of production, wholesale and distribution of electricity products, and Natural Gas, which consists of wholesale business of natural gas. Its subsidiaries include: Turcas Enerji Holding AS, Turcas Elektrik Uretim AS, Turcas Elektrik Toptan Satis AS and Turcas Yenilenebilir Enerji Uretim AS.

Key Statistics of Turcas Holding AS (TRCAS.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

TRY46.20TRY47.20

Today's Open

TRY46.72

Volume

944.65K

P/E Ratio (TTM)

21.00

52 Week Range

TRY25.58TRY55.95

Market Cap

12.16B

Avg. Volume

1.59M

Dividend Yield

3.71%

Financial Metrics & Statements of Turcas Holding AS (TRCAS.E.IS)

FAQ's for Turcas Holding AS (TRCAS.E.IS)

According to Musaffa’s Shariah screening methodology, Turcas Holding AS (TRCAS.E.IS) is currently classified as NOT HALAL as of April 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.