US EQUITIES CLOSED CRYPTO 24/7
HALAL TRADING ROOM Sharia-screened signals
TERMINAL
34

3402.T

$1237.00
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.33%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Toray Industries, Inc. (3402.T) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$1404.55
+13.5% · 11 analysts
Institutional own.
50.4%
of shares
NON-COMPLIANT
Sharia compliance
0.33%
Non-permissible income — HTR, from filings (2026-03-31)
$1404.55
Price target (+13.5%) · 11 analysts
50.4%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. 3402.T files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 51.34% 30.00% Fail
Interest-bearing investments 14.97% 30.00% Pass
Non-permissible income 0.33% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 27.24% 33.00% Pass
Interest-bearing investments 7.94% 33.00% Pass
Non-liquid assets 73.57% at least 20.00% Pass
Non-permissible income 0.33% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 27.24% 33.33% Pass
Cash + interest-bearing securities 7.94% 33.33% Pass
Accounts receivable 26.43% 33.33% Pass
Non-permissible income 0.33% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 27.24% 33.33% Pass
Cash + interest-bearing securities 7.94% 33.33% Pass
Accounts receivable 26.43% 50.00% Pass
Non-permissible income 0.33% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 58.83% 33.00% Fail
Cash + interest-bearing securities 17.15% 33.00% Pass
Accounts receivable 39.92% 33.00% Fail
Non-permissible income 0.33% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 64.95% 33.00% Fail
Cash + interest-bearing securities 18.94% 49.00% Pass
Accounts receivable 44.08% 49.00% Pass
Non-permissible income 0.33% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 64.95% 33.33% Fail
Cash + interest-bearing securities 18.94% 33.33% Pass
Accounts receivable 63.01% 49.00% Fail
Non-permissible income 0.33% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

1,373.501,257.541,141.581,025.63909.672025-09-112026-03-172026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
1187.67
S2
1197.33
S1
1213.17
PIVOT
1222.83
R1
1238.67
R2
1248.33
R3
1264.17

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
1185.54 1351.46
±6.54% from 1268.5, made 2026-09-02 · resolves 2026-09-09
BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22009 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

SELL
19 indicators
OscillatorsSTRONG SELL
1 buy · 3 neutral · 3 sell
Moving averagesNEUTRAL
6 buy · 0 neutral · 6 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)46.40NEUTRAL
Stochastic %K (14)29.91NEUTRAL
CCI (20)-124.71BUY
Williams %R (14)-70.09NEUTRAL
MACD (12,26,9)-11.13SELL
ROC (10)-4.00SELL
Momentum (10)-51.50SELL
EMA (10)1248.47SELL
SMA (10)1255.10SELL
EMA (20)1257.50SELL
SMA (20)1274.95SELL
EMA (30)1252.69SELL
SMA (30)1273.95SELL
EMA (50)1235.16BUY
SMA (50)1228.39BUY
EMA (100)1197.85BUY
SMA (100)1181.54BUY
EMA (200)1140.34BUY
SMA (200)1147.51BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Toray Industries, Inc.

Consumer Cyclical · Textile Manufacturing

Toray Industries, Inc., together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, water treatment and healthcare, and other products in Japan, Asia, China, America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; and apparel products. It also provides nylon, ABS, PBT, PPS, and other resins and molded products; polyolefin foam products; polyester, polyethylene, polypropylene, and other films; processed film products; raw materials for synthetic fibers and other plastics; fine chemicals; electronic and information materials; and graphic materials. In addition, the company offers carbon fibers, carbon fiber composite materials, and molded products; analysis, physical evaluation, etc.; and pharmaceuticals, medical devices, etc. Further, it provides engineering services; industrial equipment and machinery; water treatment membranes and related equipment; and materials for housing, building, and civil engineering applications. Additionally, it offers TORAYVINO, a household water purifier; Toraysee, a cleaning cloth made with ultra-microfiber; 3D-Gene, a high-sensitivity DNA chip; materials and solutions for automobiles; and semiconductors combined support for materials, equipment, and analysis, as well as provides services, including design, procurement, and construction of factory building, air conditioning, production equipment, and utilities right. It offers its products through & +, Ultrasuede, Ecsaine, senbism, LIVMOA, hitoe, 3DeFX+, and TORAIN brand names. The company was formerly known as Toyo Rayon Co., Ltd. and changed its name to Toray Industries, Inc. in 1970. Toray Industries, Inc. was incorporated in 1926 and is headquartered in Chuo, Japan.

toray.co.jp ↗

Background via Yahoo Finance — informational, not part of the verdict.

🕌 In-house Ratio Research — EDINET XBRL (Japan)

Research only, not the primary verdict above — SEC EDGAR (the source for the main in-house research card, if shown) has no data for this symbol, so this is computed from a real, country-specific filing instead. Business-activity screening isn't part of this check.

AAOIFI Standard 21 (% of market cap) — Fail
Debt ratio 47.9% (< 30%)
Investments ratio partial 14.7% (< 30%)
Non permissible income ratio no data
Usmani (% of total assets) — Unverified
Debt ratio 24.8% (< 33%)
Investments ratio partial 7.6% (< 33%)
Non permissible income ratio no data

Based on the filing period ending 2026-03-31, figures in JPY.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.