Is Yeni Gimat Gayrimenkul Yatirim Ortakligi (YGGYO.IS) stock halal?
Screened against AAOIFI Shari’ah Standard 21
No. Yeni Gimat Gayrimenkul Yatirim Ortakligi (YGGYO.IS) does not pass the AAOIFI Shari’ah Standard 21 screen. Prohibited income, interest included, is 51.3% of total revenue. AAOIFI’s limit is 5% (Shari'ah Standard 21, 3/4/4). Last checked 26 September 2026.
Yeni Gimat Gayrimenkul Yatirim Ortakligi is not compliant under Halal / Islamic guidelines
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.
| Test | Standard Limit | Actual Figure | Status |
|---|---|---|---|
| Main business | — | — | Pass |
| Interest-bearing debt | 30% | 2.54% | Pass |
| Cash and interest-bearing investments | 30% | 18.13% | Pass |
| Prohibited income | 5% | 51.32% | Fail |
| Not just cash and debts | 90% | 17.56% | Pass |
Key Findings & Observations
- Prohibited income, interest included, is 51.3% of total revenue. AAOIFI’s limit is 5% (Shari'ah Standard 21, 3/4/4).Source: AAOIFI Shari'ah Standard 21
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Frequently Asked Questions about Yeni Gimat Gayrimenkul Yatirim Ortakligi A.S. (YGGYO.IS)
Is Yeni Gimat Gayrimenkul Yatirim Ortakligi (YGGYO.IS) stock halal?▾
No. Yeni Gimat Gayrimenkul Yatirim Ortakligi (YGGYO.IS) does not pass the AAOIFI Shari’ah Standard 21 screen. Prohibited income, interest included, is 51.3% of total revenue. AAOIFI’s limit is 5% (Shari'ah Standard 21, 3/4/4). Last checked 26 September 2026.
What is Yeni Gimat Gayrimenkul Yatirim Ortakligi'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. Yeni Gimat Gayrimenkul Yatirim Ortakligi's ratio is about 2.5%.
How much dividend purification is required for Yeni Gimat Gayrimenkul Yatirim Ortakligi (YGGYO.IS) stock?▾
Yeni Gimat Gayrimenkul Yatirim Ortakligi does not pass the screen, so purification does not apply: the standard does not permit holding it.
Does Yeni Gimat Gayrimenkul Yatirim Ortakligi 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. Yeni Gimat Gayrimenkul Yatirim Ortakligi'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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