Is TOASO (TOASO) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 19.2% / 30% | 13.1% / 30% | 14.4% / 30% | 7.66% / 5% | ✗ NOT HALAL |
| DJIM | 19.2% / 33% | 13.1% / 33% | 14.4% / 33% | 7.66% / 5% | ✗ NOT HALAL |
| MSCI | 30.4% / 33% | 20.7% / 33% | 22.8% / 33% | 7.66% / 5% | ✗ NOT HALAL |
| S&P | 19.2% / 33% | 13.1% / 33% | 14.4% / 33% | 7.66% / 5% | ✗ NOT HALAL |
| FTSE | 30.4% / 33% | 20.7% / 33% | 22.8% / 50% | 7.66% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 6.2% | |
| Operating Margin | 1.4% | |
| Net Margin | 2.5% | |
| Return on Equity (ROE) | 13.7% | |
| Return on Assets (ROA) | 0.9% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$7.4B |
| Free Cash Flow | -$14.2B |
| Total Debt | $27.9B |
| Debt-to-Equity | 89.4 |
| Current Ratio | 1.7 |
| Total Assets | $91.7B |
Price & Trading
| Last Close | TRY 272.50 |
| 50-Day MA | TRY 309.45 |
| 200-Day MA | TRY 257.13 |
| Avg Volume | 4.1M |
| Beta | 0.6 |
|
52-Week Range
TRY 150.10
| |
About TOASO (TOASO)
Tofas Türk Otomobil Fabrikasi Anonim Sirketi engages in manufacturing, exporting, and selling passenger cars and light commercial vehicles in Turkey. It also produces various automotive spare parts, as well as trades in automobile and spare parts; and provides consumer financing and insurance services. The company offers its products under the Peugeout, Citroen, Opel, Fiat, Jeep, Alfa Romeo, DS, Maserati, Ferrari, and Transit brands. It also exports its products. The company was incorporated in 1968 and is headquartered in Istanbul, Turkey.
Related Halal Stocks in Consumer Cyclical
Frequently Asked Questions
Is TOASO (TOASO) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), TOASO 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 TOASO's debt ratio?
TOASO's debt ratio is 19.2% 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 30.4%.
What are TOASO's key financial metrics?
TOASO has a market capitalization of $139.9B, trailing P/E ratio of 116.1, and revenue of $129.1B. The company maintains a gross margin of 6.2% and a net margin of 2.5%. Return on equity stands at 13.7%.
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.