Is Erdemir (EREGL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 83.5% / 30% | 60.9% / 30% | 14.5% / 30% | 2.95% / 5% | ✗ NOT HALAL |
| DJIM | 83.5% / 33% | 60.9% / 33% | 14.5% / 33% | 2.95% / 5% | ✗ NOT HALAL |
| MSCI | 28.3% / 33% | 20.7% / 33% | 4.9% / 33% | 2.95% / 5% | ✓ HALAL |
| S&P | 83.5% / 33% | 60.9% / 33% | 14.5% / 33% | 2.95% / 5% | ✗ NOT HALAL |
| FTSE | 28.3% / 33% | 20.7% / 33% | 4.9% / 50% | 2.95% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 8.9% | |
| Operating Margin | 5.5% | |
| Net Margin | 0.2% | |
| Return on Equity (ROE) | 0.3% | |
| Return on Assets (ROA) | 1.1% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $948M |
| Free Cash Flow | -$124M |
| Total Debt | $158.3B |
| Debt-to-Equity | 53.3 |
| Current Ratio | 2.1 |
| Total Assets | $558.5B |
Price & Trading
| Last Close | TRY 26.90 |
| 50-Day MA | TRY 28.77 |
| 200-Day MA | TRY 27.16 |
| Avg Volume | 170.3M |
| Beta | 0.9 |
|
52-Week Range
TRY 20.10
| |
About Erdemir (EREGL)
Eregli Demir ve Çelik Fabrikalari T.A.S., together with its subsidiaries, produces and sells iron and steel rolled products, alloyed and non-alloyed iron, cast and pressed steel, coke, and by-products in Turkey and internationally. The company offers flat steel products, including hot and cold rolled flat steel, plate, tin, chrome, and galvanized coated sheets. It also engages in the production of integrated and electrical steel; renewable energy generation; industrial gas production and sale; pellets; iron and magnesite ores; refractory; trading; recycling; and special purpose business. In addition, the company offers after-sales, laboratory and calibration, steel service center, and port services; and management and consulting services. Further, it exports its products. The company serves the automotive, white goods, tube mills, rolling mills, general manufacturing, electric&electronics, machinery, energy, heating equipment, shipbuilding, defense, packaging, and renewable energy industries. Eregli Demir ve Çelik Fabrikalari T.A.S. was founded in 1960 and is headquartered in Istanbul, Turkey.
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Frequently Asked Questions
Is Erdemir (EREGL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Erdemir 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 Erdemir's debt ratio?
Erdemir's debt ratio is 83.5% 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 28.3%.
What are Erdemir's key financial metrics?
Erdemir has a market capitalization of $187.5B, trailing P/E ratio of 348.8, and revenue of $208.9B. The company maintains a gross margin of 8.9% and a net margin of 0.2%. Return on equity stands at 0.3%.
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.