Is Vestel (VESTL) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 656.1% / 30% | 30.0% / 30% | 215.3% / 30% | 3.7% / 5% | ✗ NOT HALAL |
| DJIM | 656.1% / 33% | 30.0% / 33% | 215.3% / 33% | 3.7% / 5% | ✗ NOT HALAL |
| MSCI | 35.3% / 33% | 1.6% / 33% | 11.6% / 33% | 3.7% / 5% | ✗ NOT HALAL |
| S&P | 656.1% / 33% | 30.0% / 33% | 215.3% / 33% | 3.7% / 5% | ✗ NOT HALAL |
| FTSE | 35.3% / 33% | 1.6% / 33% | 11.6% / 50% | 3.7% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 16.2% | |
| Operating Margin | -8.5% | |
| Net Margin | -21.5% | |
| Return on Equity (ROE) | -60.0% | |
| Return on Assets (ROA) | -3.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $8.3B |
| Free Cash Flow | $1.5B |
| Total Debt | $88.8B |
| Debt-to-Equity | 263.0 |
| Current Ratio | 0.5 |
| Total Assets | $196.4B |
Price & Trading
| Last Close | TRY 28.00 |
| 50-Day MA | TRY 30.15 |
| 200-Day MA | TRY 33.58 |
| Avg Volume | 5.6M |
| Beta | -0.3 |
|
52-Week Range
TRY 26.76
| |
About Vestel (VESTL)
Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi, together with its subsidiaries, produces and sells brown and white goods in Turkey, Europe, and internationally. It operates in two segments Consumer and Mobility Electronic, and Household Appliances. The company provides television, headphones, speakers, and tablets; refrigerator, deep freezer, washing machines, drying machines, dishwashers, freestanding ovens, countertop hobs, mini and microwave ovens, aspirators, water dispensers, and wine coolers; household appliances, including brooms, coffee machines, beverage preparation, mix and go, mixer and chopper, electric cookers, vacuum machines, irons, personal care, and retro small appliances. It also offers air conditioners, water heaters, heaters and air purifiers. In addition, it provides smart products, such as smart watch, smart scale, smart light, smart socket, smart camera, smart bulb, smart doorbell, and sleep tracking band. Further, it provides electric vehicle charging stations and other products. It sells its products through online and stores. The company was incorporated in 1983 and is headquartered in Istanbul, Turkey. Vestel Elektronik Sanayi ve Ticaret Anonim Sirketi is a subsidiary of Zorlu Holding A.S.
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Frequently Asked Questions
Is Vestel (VESTL) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Vestel 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 Vestel's debt ratio?
Vestel's debt ratio is 656.1% 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 35.3%.
What are Vestel's key financial metrics?
Vestel has a market capitalization of $9.5B, and revenue of $138.2B. The company maintains a gross margin of 16.2% and a net margin of -21.5%. Return on equity stands at -60.0%.
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.