Is Usak Seramik Sanayi AS halal to invest in?

According to Musaffa's Shariah screening methodology, Usak Seramik Sanayi AS (USAK.E.IS) is currently classified as NOT HALAL as of July 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 Usak Seramik Sanayi 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 Usak Seramik Sanayi AS using these criteria to determine its compliance status.

Can Muslims buy shares of Usak Seramik Sanayi AS?

Muslim investors may consider investing in Usak Seramik Sanayi 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 Usak Seramik Sanayi AS classified as NOT HALAL?

Musaffa determines the Shariah status of Usak Seramik Sanayi 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 Usak Seramik Sanayi AS updated?

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

Can a halal stock like Usak Seramik Sanayi 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 Usak Seramik Sanayi AS?

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

USAK.E.IS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 22, 2024

Report Source: 2024 1st Quarter Report

Analyst's Ratings for Usak Seramik Sanayi AS (USAK.E.IS)

Based on 5 analysts giving stock ratings to Usak Seramik Sanayi AS in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

Usak Seramik Sanayi AS. Stock Analysis USAK.E.IS

Turkey Industrials Micro Cap Report: Q1, 2024

Usak Seramik Sanayii AS engages in the manufacture and sale of ceramic wall and floor tiles. The Company’s product lineup includes wall tiles, wall and floor ceramics, glazed porcelain tiles, decorative borders and panels, floor tiles, decorative tiles, kerbs, special ceramic products, heat-insulated ceramic products made from sliced filtered earth (kizelgur) and fire-resistant bricks, blocks, bricks, firebricks. The Company’s activities include ceramic and porcelain tile production, fire resistant ceramic building products manufacturing, custom solutions for architectural and design projects. The firm exports its products to over 40 countries including the United States, Germany and Italy.

Key Statistics of Usak Seramik Sanayi AS (USAK.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

TRY1.65TRY1.71

Today's Open

TRY1.70

Volume

97.94M

P/E Ratio (TTM)

52 Week Range

TRY1.50TRY6.67

Market Cap

4.19B

Avg. Volume

144.09M

Dividend Yield

Financial Metrics & Statements of Usak Seramik Sanayi AS (USAK.E.IS)

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FAQ's for Usak Seramik Sanayi AS (USAK.E.IS)

According to Musaffa’s Shariah screening methodology, Usak Seramik Sanayi AS (USAK.E.IS) is currently classified as NOT HALAL as of July 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.