Is Asahi Kasei (3407) Halal?

TSE Industrials Japan $2.1T
✗ NOT HALAL
Confidence: 90/100
Asahi Kasei (3407) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 51.4% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Asahi Kasei operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from March 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 51.4%
/ 30%
16.9%
/ 30%
21.1%
/ 30%
0.33%
/ 5%
✗ NOT HALAL
DJIM 51.4%
/ 33%
16.9%
/ 33%
21.1%
/ 33%
0.33%
/ 5%
✗ NOT HALAL
MSCI 29.8%
/ 33%
9.8%
/ 33%
12.2%
/ 33%
0.33%
/ 5%
✓ HALAL
S&P 51.4%
/ 33%
16.9%
/ 33%
21.1%
/ 33%
0.33%
/ 5%
✗ NOT HALAL
FTSE 29.8%
/ 33%
9.8%
/ 33%
12.2%
/ 50%
0.33%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
15.2
Forward: 15.7
EPS
$103.27
Dividend Yield
255.0%
Payout: 38.7%
P/B Ratio
1.1
EV/EBITDA
7.0
EV: $2.9T
Revenue
$3.0T
Growth: 0.8%
Beta
0.5
Low volatility
Current Ratio
2.1

Profitability

Gross Margin 32.5%
Operating Margin 8.6%
Net Margin 5.2%

Cash Flow & Balance Sheet

Operating Cash Flow$301.5B
Free Cash Flow$83.5B
Total Debt$1.2T
Debt-to-Equity54.8
Current Ratio2.1
Total Assets$4.0T

Price & Trading

Last CloseJPY 1,560.00
50-Day MAJPY 1,632.80
200-Day MAJPY 1,300.09
Avg Volume5.3M
Beta0.5
52-Week Range
JPY 880.00
JPY 1,889.00

About Asahi Kasei (3407)

CEO
Mr. Koshiro Kudo
Employees
50,352
Sector
Industrials
Industry
Conglomerates
Country
Japan
Exchange
TSE
Market Cap
$2.1T
Currency
JPY

Asahi Kasei Corporation engages in material, homes, healthcare businesses. The company offers Pimel photosensitive polyimide/PBO precursor, a liquid photosensitive material for buffer coating and packaging applications; Sunfort dry film photoresist to form circuit patterns on printed wiring boards; Novacure, a latent curing agent for epoxy resin with storage stability; glass fabric for printed circuit boards; plastic optical fiber; suede products under the Dinamica name; Microza UF and MF industrial membranes and systems; Aciplex membranes, process equipment, and systems for caustic soda production; Hipore, a microporous polyolefin sheet which prevents the anode and cathode from contacting one another; Celgard, a lithium-ion battery separator; Deramic, a lead acid battery separator; photopolymers and platemaking systems; and fiber products under the Bemberg, ROICA, ELTAS, Bemliese, EUTEC, Precisé, SEMIA, smash, PULSHUT, Lastan, Cubit, NanoAct, ECORISE, BioCradle, CMC-Bemliese names. It also provides cling film, bags and containers, and dishwashing liquid under the Saran Wrap, Ziploc, Cookper, Frosch names; packaging products under the OPS, Suntec, Barrialon, PVDC latex, and Saran names; pharmaceutical and food additives under the Ceolous and Celphere names; and clads and anchors under the Baclad and AR Chemical Setter names. In addition, the company is involved in the provision of remodeling services; real estate-related operations; offers unit homes and apartment buildings; autoclaved aerated concrete, foundation systems, thermal insulation material, structural systems and components products; prescription drugs in the fields of orthopedics, critical/intensive care, urology, immune system, and central nervous system; enzymes and diagnostic products; and hemodialysis, therapeutic apheresis, and autologous blood-related businesses. The company was founded in 1931 and is headquartered in Tokyo, Japan.

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Frequently Asked Questions

Is Asahi Kasei (3407) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Asahi Kasei is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Asahi Kasei's debt ratio?

Asahi Kasei's debt ratio is 51.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 29.8%.

What are Asahi Kasei's key financial metrics?

Asahi Kasei has a market capitalization of $2.1T, trailing P/E ratio of 15.2, and revenue of $3.0T. The company maintains a gross margin of 32.5% and a net margin of 5.2%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.