Stocks whose sharia status changed
From 2026-09-27 to 2026-10-27 · each change with its cause and its figures
We seal each stock's sharia screen result every day and compare the days. The table lists the stocks whose result changed between 2026-09-27 and 2026-10-27 and still holds today, each with its cause and figures. Stocks shown: 7.
| Date | Stock | Change | Cause |
|---|---|---|---|
| 2026-10-26 | Alimak Group AB (ALIG)Stockholm Stock Exchange | from compliant to non-compliant | New financial statementsDebt 33% · Cash 6% · Limit 30% |
| 2026-10-25 | Forcas Studio Limited (FORCAS)India (NSE) | from compliant to non-compliant | New financial statementsDebt 30.8% · Cash under 1% · Limit 30% |
| 2026-10-15 | Galatasaray Sportif Sinai Veticari Yatirimlar A.S. (GSRAY)Borsa Istanbul | from compliant to non-compliant | New financial statementsDebt 35% · Cash under 1% · Limit 30% |
| 2026-10-14 | ICON Plc (ICLR)US market | from compliant to non-compliant | Price move, after the ratio heldDebt 30.1% · Cash 8% · Limit 30% |
| 2026-10-10 | Armada Gida Ticaret ve Sanayi Anonim Sirketi (ARMGD)Borsa Istanbul | from compliant to non-compliant | Price move, after the ratio heldDebt 29.2% · Cash 11% · Limit 30% |
| 2026-10-03 | Ganga Bath Fittings Limited (GANGABATH)India (NSE) | from compliant to non-compliant | Price move, after the ratio heldDebt 30.2% · Cash 3% · Limit 30% |
| 2026-10-02 | Kitz Corporation (6498)Tokyo Stock Exchange | from non-compliant to compliant | Price move, after the ratio heldDebt 29.6% · Cash 19% · Limit 30% |
How to read this log
Each stock's result is sealed from the published site every day. Sealed days in this period: 25, from 2026-09-27 to 2026-10-27. We compare the first day with the last; the date of a change is the first day the new result appeared.
A change is listed when its cause lies in the company itself: new financial statements that moved debt or cash, a price move after which the ratio stayed on its new side until it held, or the activity classification.
Stocks whose result changed over this period because we updated our calculation method, not because of the company: 458; they are not listed here.
Stocks whose result is on hold today until the ratio holds or the market-cap average is complete: 8; not listed.
Stocks whose new result is not yet confirmed by today's screen: 3; not listed.
The sharia screen is automated, on published figures: we apply AAOIFI Sharia Standard No. 21 and measure debt and cash against the 12-month average market capitalisation; the limit is debt under 30% and cash under 30%. It is not a fatwa and not a certificate; if your decision depends on it, consult a recognised sharia board.
Related pages: Sharia-compliant stocks · Halal dividend stocks · Dividends · Sharia screener