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

ELAN-B.ST

Stock Elanders AB (publ)
$51.80

Nasdaq Stockholm · Industrials · SE

Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 0.12%
🕌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.

Elanders AB (publ) (ELAN-B.ST) 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
$89.83
+73.4% · 3 analysts
Institutional own.
35.5%
of shares
NON-COMPLIANT
Sharia compliance
0.12%
Non-permissible income — HTR, from filings (2025-12-31)
$89.83
Price target (+73.4%) · 3 analysts
35.5%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. ELAN-B.ST 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 761.07% 30.00% Fail
Interest-bearing investments 54.63% 30.00% Fail
Non-permissible income 0.12% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 85.49% 33.00% Fail
Interest-bearing investments 6.14% 33.00% Pass
Non-liquid assets 78.78% at least 20.00% Pass
Non-permissible income 0.12% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 85.49% 33.33% Fail
Cash + interest-bearing securities 6.14% 33.33% Pass
Accounts receivable 21.22% 33.33% Pass
Non-permissible income 0.12% 5.00% Pass

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 85.49% 33.33% Fail
Cash + interest-bearing securities 6.14% 33.33% Pass
Accounts receivable 21.22% 50.00% Pass
Non-permissible income 0.12% 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 651.78% 33.00% Fail
Cash + interest-bearing securities 46.79% 33.00% Fail
Accounts receivable 114.97% 33.00% Fail
Non-permissible income 0.12% 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 565.35% 33.00% Fail
Cash + interest-bearing securities 40.58% 49.00% Pass
Accounts receivable 99.72% 49.00% Fail
Non-permissible income 0.12% 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 565.35% 33.33% Fail
Cash + interest-bearing securities 40.58% 33.33% Fail
Accounts receivable 140.31% 49.00% Fail
Non-permissible income 0.12% 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.

66.8060.4154.0147.6241.232025-09-122026-03-132026-09-11

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

Support & Resistance
S3
50.07
S2
50.83
S1
51.47
PIVOT
52.23
R1
52.87
R2
53.63
R3
54.27

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
47.69 56.31
±8.29% from 52.00, made 2026-09-10 · resolves 2026-09-17
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22596 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

STRONG BUY
19 indicators
OscillatorsSTRONG BUY
3 buy · 4 neutral · 0 sell
Moving averagesSTRONG BUY
11 buy · 0 neutral · 1 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)53.30NEUTRAL
Stochastic %K (14)71.72NEUTRAL
CCI (20)69.11NEUTRAL
Williams %R (14)-28.28NEUTRAL
MACD (12,26,9)0.22BUY
ROC (10)5.29BUY
Momentum (10)2.60BUY
EMA (10)51.22BUY
SMA (10)50.87BUY
EMA (20)51.01BUY
SMA (20)50.67BUY
EMA (30)50.89BUY
SMA (30)51.54BUY
EMA (50)50.52BUY
SMA (50)50.72BUY
EMA (100)50.19BUY
SMA (100)49.50BUY
EMA (200)52.23SELL
SMA (200)51.58BUY

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 Elanders AB (publ)

Industrials · Integrated Freight & Logistics

Elanders AB (publ), a logistics company, provides supply chain, and print and packaging solutions in Sweden, Germany, the United States, Singapore, the United Kingdom, the Netherlands, India, China, Switzerland, Poland, Hungary, and internationally. It provides purchasing, storage, configuration, production, and distribution, as well as order management solutions, payment flows, and aftermarket services. The company also offers packaging services. In addition, the company offers refurbished IT-related products under its brand ReuseIT and photo products under the fotokasten and myphotobook brands. It serves automotive, electronics, fashion, health care, industrial, and other sectors. The company was incorporated in 1908 and is headquartered in Mölndal, Sweden. Elanders AB (publ) operates as a subsidiary of Carl Bennet AB.

elanders.com ↗

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

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 2026-09-08 · Asset managers net 912361 (-21819)

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.