Utenos Trikotazas AB engages in the manufacture and production of knitwear fabrics and knitwear garments. The company is headquartered in Utena, Utenos and currently employs 501 full-time employees. The firm operates in three segments: production of knitted articles; production of working clothes, and retail in knitted articles. Products include women’s and men’s wear and undergarments and eco-friendly clothing. The production cycle is composed of knitting, dyeing, finishing, cutting, sewing, inspection and packaging. The Company’s sewing lines produce numerous items of knitwear products. The firm distributes its products within Lithuania, the Baltic States, as well as Western Europe and other regions. As of December 31, 2011, the Company’s major shareholder was Koncernas SBA UAB with a stake of 51.12%.
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As of August 2026, Utenos Trikotazas AB UD5.SG is classified as not covered 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 Utenos Trikotazas AB using these criteria to determine its compliance status.
Muslim investors may consider investing in Utenos Trikotazas AB 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 Utenos Trikotazas AB 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 Utenos Trikotazas AB 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 Utenos Trikotazas AB on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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