TS

Tenaris S.A.

Enerji

COMPLIANT — All screening ratios are below the thresholds; the company is compliant with halal investment criteria.

$60.94

Price (1 Year)

$63.7 $37.76

Participation Finance Screening Ratios

Non-compliant debt / Total market cap %1.6 / %30
Non-compliant assets / Total market cap %15.2 / %30
Non-compliant revenue / Total income %4.8 / %5

Ratios are taken from an AAOIFI-based screening file; this does not constitute a religious ruling.

About the Company

Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. It provides steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude oil and natural gas to the surface after drilling has been completed; steel line pipes to transport crude oil and natural gas from wells to refineries, storage tanks, and loading and distribution centers; and mechanical and structural pipes for the transportation of other forms of gas and liquids under high pressure.

Website

Analysis (Turkish): TS Hissesi Caiz mi, Helal mi? Tenaris S.A. Katılım Analizi