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Is Fortaco Group Holdco Oyj stock halal?
Thresholds exceeded under all standards, and the strict view excludes it.
This verdict follows the median view, that of AAOIFI Standard No. 21. It is based on the financial statements for the fiscal year ended 12/31/2025.
The ratios
| Criterion | Measure | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 44.1% of total assets | 30% | threshold exceeded |
| Interest-bearing investments | 9.7% of total assets | 30% | within threshold |
| Impermissible income | not published | 5% | to be verified |
Standard: Total assets, 30% threshold.
The three views
- Median view, our reference : the company is excluded.
- Strictest view : the company is excluded, because it borrows or invests at interest.
- Most lenient view : the company is excluded.
Business activity
Fabrication de cabines, de structures en acier et assemblage pour les fabricants d'engins de chantier lourds et de machines pour l'industrie navale
Financial statements read
Fiscal year ended 12/31/2025, in millions of euros. Source: Annual report of Fortaco Group Holdco Oyj (ESEF format), fiscal year ended 2025-12-31.
What could not be verified
- Market capitalization: missing from the filed financial statements, so the AAOIFI ratio is not computed; tolerance is assessed on total assets.
- Interest received: amount not isolated in the filed financial statements.
- Activity classified automatically from the "nature of activities" note of the annual report, without human review: to be confirmed.
- Figures read automatically and not reviewed by a human.
In the same sector
- LAM RESEARCH CORP Permitted
- CATERPILLAR INC Permitted
- DEERE & CO Questionable
- Eaton Corp plc Questionable
- Johnson Controls International plc Questionable
- ILLINOIS TOOL WORKS INC Permitted
- CUMMINS INC Questionable
- Baker Hughes Co Questionable
Compliance comparison only: no opinion on the value of these securities.
General information: neither investment advice nor a fatwa. Verdict calculated by published rules, from financial statements read automatically and not reviewed by a human. Read the methodology