KOC HOLDING (KCHOL.IS) - Not Halal (Non-Compliant)
KOC HOLDING (KCHOL.IS) is classified as Not Halal (Non-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
- Conglomerates
- Result
- Pass
- Reason
- The sector "Industrials" and industry "Conglomerates" are not in the excluded categories.
Financial Ratios
- Debt Ratio
- Value: 407.8% | Threshold: 30% | Result: Fail
- Cash & Interest-bearing Securities Ratio
- Value: 245.5% | Threshold: 30% | Result: Fail
- Non-Permissible Income Ratio
- Value: 2.1% | Threshold: 5% | Result: Pass
Dividend Purification
Purification percentage: 2.07%.Based on the company's financial statements, approximately 2.07% of dividend income should be donated to charity for purification. This is derived from identified interest income (2.07% of total income). Some scholars may differ on the exact calculation method.
About KOC HOLDING
Koç Holding A.S., through its subsidiaries, engages in the energy, automotive, consumer durables, finance, and other businesses in Turkey and internationally. The company's energy business produces and trades in petroleum products; operates petroleum refineries; cylinder gas, auto gas, and distributes fuel and liquefied petroleum gases, as well as water products; ships petroleum; generates electricity through hydroelectric, natural gas, coal, wind, thermal, solar power and other renewable plants; air, sea, road, and railway transportation; mooring and tug services; and technology and venture investments. Its automotive business provides light commercial vehicles, passenger cars, tractors, buses, and trucks, as well as automotive retailing, car rental and trading, and insurance services. The company's consumer durables business offers white goods, televisions, and air conditioners; and distributes information and communication technologies, as well as treasury services. Its finance business provides various banking and financial products and services that include private banking, leasing, factoring, investment, asset and portfolio management, corporate and commercial loans, and credit cards; and consumer finance, custody, special purpose, brokerage, and financial consulting services. The company's other business offers fast moving consumer goods, purchasing and supply chain management services, technology integrated solutions and services, home improvement retailing, electric vehicle charging station solutions, food, retail, tourism, ship construction, healthcare, trading, technology, marina operation, digital marketing, duty free store management, payment services, and information technologies, as well as operates hotels, restaurants, pubs, cafeterias, patisseries, banquet units, bakeries, stadiums, residences, and production facilities; and manufactures and exports electric motors. Koç Holding A.S. was founded in 1926 and is headquartered in Istanbul, Turkey.

