ASTOR ENERJI (ASTOR.IS) - Halal (Shariah-Compliant)
ASTOR ENERJI (ASTOR.IS) is classified as Halal (Shariah-Compliant) according to AAOIFI Shariah screening standards. This assessment is based on business activity screening and financial ratio analysis using the AAOIFI methodology.
Business Activity Screen
- Sector
- Industrials
- Industry
- Electrical Equipment & Parts
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Electrical Equipment & Parts" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 5.1% | Threshold: 30% | Result: Pass
- Cash & Interest-bearing Securities Ratio
- Value: 13.2% | Threshold: 30% | Result: Pass
- Non-Permissible Income Ratio
- Value: 4.4% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 4.36%.Based on the company's financial statements, approximately 4.36% of dividend income should be donated to charity for purification. This is derived from identified interest income (4.36% of total income). Some scholars may differ on the exact calculation method.
About ASTOR ENERJI
Astor Enerji A.S. engages in the manufacturing of transformers, and medium and high voltage switching products for industrial facilities. The company offers power transformers and special type transformers; and distribution transformers, such as oil type distribution, dry type, special distribution, and grounding, as well as MT shunt reactors and magnetic control shunt reactors. It also provides H.V. equipment, including metal enclosed switchgears, RMU, metal clad switchgears, MV switches and disconnectors, concrete kiosk, mobile substation, and HV live-tank circuit breakers. In addition, the company serves energy generation, transmission, and distribution sectors. Astor Enerji A.S. was incorporated in 1983 and is based in Sincan, Turkey.
Frequently Asked Questions
Is ASTOR ENERJI (ASTOR.IS) stock halal to invest in?
According to AAOIFI Shariah screening standards, ASTOR ENERJI (ASTOR.IS) is currently classified as Halal (Shariah-Compliant). This is based on both business activity and financial ratio screening.

