Is Sisecam (SISE) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 127.6% / 30% | 33.2% / 30% | 32.3% / 30% | 6.58% / 5% | ✗ NOT HALAL |
| DJIM | 127.6% / 33% | 33.2% / 33% | 32.3% / 33% | 6.58% / 5% | ✗ NOT HALAL |
| MSCI | 31.1% / 33% | 8.1% / 33% | 7.9% / 33% | 6.58% / 5% | ✗ NOT HALAL |
| S&P | 127.6% / 33% | 33.2% / 33% | 32.3% / 33% | 6.58% / 5% | ✗ NOT HALAL |
| FTSE | 31.1% / 33% | 8.1% / 33% | 7.9% / 50% | 6.58% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 27.6% | |
| Operating Margin | -0.9% | |
| Net Margin | 4.4% | |
| Return on Equity (ROE) | 3.5% | |
| Return on Assets (ROA) | -0.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $39.7B |
| Free Cash Flow | $3.9B |
| Total Debt | $161.9B |
| Debt-to-Equity | 60.1 |
| Current Ratio | 1.3 |
| Total Assets | $506.9B |
Price & Trading
| Last Close | TRY 45.32 |
| 50-Day MA | TRY 44.31 |
| 200-Day MA | TRY 39.18 |
| Avg Volume | 70.3M |
| Beta | -0.1 |
|
52-Week Range
TRY 31.94
| |
About Sisecam (SISE)
Türkiye Sise Ve Cam Fabrikalari A.S. manufactures and sells glass products. The company operates through six segments: Architectural Glass, Industrial Glass, Glass Packaging, Glassware, Chemicals, and Energy and Others. The company offers architectural glass products, such as flat, patterned, mirror, laminated, coated, solar power, and home appliance glass products; automotive glass products; and energy glass products. It also produces and sells glassware, as well as glass packaging products for various industries, including food, beverages, pharmaceuticals, and cosmetics; and retails glass, ceramics, porcelain, and wood and steel tableware and kitchenware, and home decoration items under the Life and Boutique concepts through Pasabahçe stores located in Turkey and international markets, as well as through online sales channels. In addition, the company produces and sells soda ash and chromium chemicals, vitamin K3 derivatives, and sodium metabisulfite to food, textiles, mining, water treatment, construction chemicals, and leather industries; glass fibers; and manufactures glass for automobiles, and light and heavy commercial vehicles. Further, it is involved in the mining of silica sand, feldspar, limestone, dolomite, kaolin, and quartzite; generation and sale of electricity; wholesale and trading of natural gas; glass recycling and waste collection activities; and production and trading of soda goods, as well as offers finance and investment, and insurance agency services. The company operates in Turkey, Germany, Italy, Bulgaria, Romania, Slovakia, Hungary, Bosnia and Herzegovina, Russia, Georgia, Ukraine, Egypt, India, the United States. The company was founded in 1935 and is headquartered in Istanbul, Turkey. Türkiye Sise Ve Cam Fabrikalari A.S. operates as a subsidiary of Türkiye Is Bankasi A.S.
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Frequently Asked Questions
Is Sisecam (SISE) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Sisecam 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 Sisecam's debt ratio?
Sisecam's debt ratio is 127.6% 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 31.1%.
What are Sisecam's key financial metrics?
Sisecam has a market capitalization of $137.5B, trailing P/E ratio of 12.7, and revenue of $224.5B. The company maintains a gross margin of 27.6% and a net margin of 4.4%. Return on equity stands at 3.5%.
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.