Is Tupras (TUPRS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 10.1% / 30% | 18.4% / 30% | 10.6% / 30% | 3.84% / 5% | ✓ HALAL |
| DJIM | 10.1% / 33% | 18.4% / 33% | 10.6% / 33% | 3.84% / 5% | ✓ HALAL |
| MSCI | 8.5% / 33% | 15.5% / 33% | 8.9% / 33% | 3.84% / 5% | ✓ HALAL |
| S&P | 10.1% / 33% | 18.4% / 33% | 10.6% / 33% | 3.84% / 5% | ✓ HALAL |
| FTSE | 8.5% / 33% | 15.5% / 33% | 8.9% / 50% | 3.84% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 9.8% | |
| Operating Margin | 6.2% | |
| Net Margin | 3.6% | |
| Return on Equity (ROE) | 8.0% | |
| Return on Assets (ROA) | 5.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $49.5B |
| Free Cash Flow | $30.3B |
| Total Debt | $50.2B |
| Debt-to-Equity | 13.8 |
| Current Ratio | 1.4 |
| Total Assets | $592.0B |
Price & Trading
| Last Close | TRY 240.20 |
| 50-Day MA | TRY 234.25 |
| 200-Day MA | TRY 192.63 |
| Avg Volume | 29.2M |
| Beta | 0.6 |
|
52-Week Range
TRY 117.30
| |
About Tupras (TUPRS)
Türkiye Petrol Rafinerileri A.S., together with its subsidiaries, engages in the procurement and refining of crude oil, petroleum, and chemical products in Turkey and internationally. It operates through Refining and Electricity segments. The company is involved in purchasing, selling, importing, exporting, storing, and marketing petroleum products, liquid petroleum gas, and natural gas. Its products include liquid petroleum gases, fuel oils, gasoline, diesel, base oils, waxes, extracts, and bitumen and bitumen binders, as well as, white spirits, clarified oils, petroleum coke, and sulphur products. The company also engages in the transportation of crude oil and petroleum products; operation of factories and facilities in petrochemical and related industries; trading of crude oil and petroleum products; electricity and steam production and trade; air, sea, land, and rail transportation; mooring and tug services; ship chartering and freight trading activities; electric vehicle charging stations; real estate; and technology and venture investments. Türkiye Petrol Rafinerileri A.S. was incorporated in 1983 and is headquartered in Istanbul, Turkey.
Purification Calculator
As a halal stock with 3.84% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Tupras (TUPRS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Tupras is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Tupras's debt ratio?
Tupras's debt ratio is 10.1% 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 8.5%.
Does Tupras require dividend purification?
Yes, Tupras has an impermissible income ratio of 3.84%, which means 3.84% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Tupras's key financial metrics?
Tupras has a market capitalization of $463.4B, trailing P/E ratio of 15.7, and revenue of $830.4B. The company maintains a gross margin of 9.8% and a net margin of 3.6%. Return on equity stands at 8.0%.
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.