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Is Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi (BTCIM.IS) stock halal?

Screened against AAOIFI Shari’ah Standard 21

Yes. Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi (BTCIM.IS) passes the AAOIFI Shari’ah Standard 21 screen. Interest-bearing debt is 22.4% of its 36-month average market value (limit: under 30%), and prohibited income is 0.2% of revenue (limit: 5%). Last checked 3 October 2026.

VerdictCompliant

Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi is compliant under Halal / Islamic guidelines

Faith Score
93
out of 100
Status
Compliant
Last checked
Sector
Basic Materials
Purification
TRY 0.0062/sh

AAOIFI Shari’ah Standard 21 Financial Audit

Figures from the latest annual report (the SEC filing or, for European companies, the ESEF annual report, where one exists, checked against Yahoo Finance) and a 36-month average market value.

TestStandard LimitActual FigureStatus
Main business——Pass
Interest-bearing debt30%22.40%Pass
Cash and interest-bearing investments30%0.83%Pass
Prohibited income5%0.24%Pass
Not just cash and debts90%8.30%Pass

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Frequently Asked Questions about Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi (BTCIM.IS)

Is Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi (BTCIM.IS) stock halal?▾

Yes. Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi (BTCIM.IS) passes the AAOIFI Shari’ah Standard 21 screen. Interest-bearing debt is 22.4% of its 36-month average market value (limit: under 30%), and prohibited income is 0.2% of revenue (limit: 5%). Last checked 3 October 2026.

What is Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi's debt ratio under Islamic finance standards?▾

Under AAOIFI Shari’ah Standard 21, interest-bearing debt must stay under 30% of a company's 36-month average market value. Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi's ratio is about 22.4%.

How much dividend purification is required for Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi (BTCIM.IS) stock?▾

Under AAOIFI Shari’ah Standard 21, shareholders should give away the part of their income that comes from prohibited sources: TRY 0.0062 per share for the latest financial year. The amount goes to charity, without counting it as one's own donation.

Does Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi operate in prohibited business activities?▾

AAOIFI Shari’ah Standard 21 excludes companies whose main business is prohibited, such as alcohol, pork, gambling, conventional interest-based finance and adult entertainment. Batiçim Bati Anadolu Çimento Sanayii Anonim Sirketi's main business is checked against these. For companies that file with the US SEC, revenue by division is also read from the filing, so a division in a prohibited business is counted. Where the check cannot be settled, the result is shown as Needs Review rather than guessed.

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