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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
ER

ERB.WA

$21.40
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-28
HTR non-permissible income 0.36%
🕌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.

Erbud S.A. (ERB.WA) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-28). 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
$32.70
+52.8% · 1 analysts
Institutional own.
24.0%
of shares
NON-COMPLIANT
Sharia compliance
0.36%
Non-permissible income — HTR, from filings (2025-12-31)
$32.70
Price target (+52.8%) · 1 analysts
24.0%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. ERB.WA 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 198.12% 30.00% Fail
Interest-bearing investments 106.12% 30.00% Fail
Non-permissible income 0.36% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 26.45% 33.00% Pass
Interest-bearing investments 14.17% 33.00% Pass
Non-liquid assets 59.12% at least 20.00% Pass
Non-permissible income 0.36% 5.00% Pass

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 26.45% 33.33% Pass
Cash + interest-bearing securities 14.17% 33.33% Pass
Accounts receivable 40.88% 33.33% Fail
Non-permissible income 0.36% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 26.45% 33.33% Pass
Cash + interest-bearing securities 14.17% 33.33% Pass
Accounts receivable 40.88% 50.00% Pass
Non-permissible income 0.36% 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 137.62% 33.00% Fail
Cash + interest-bearing securities 73.71% 33.00% Fail
Accounts receivable 138.99% 33.00% Fail
Non-permissible income 0.36% 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 128.23% 33.00% Fail
Cash + interest-bearing securities 68.68% 49.00% Fail
Accounts receivable 129.50% 49.00% Fail
Non-permissible income 0.36% 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 128.23% 33.33% Fail
Cash + interest-bearing securities 68.68% 33.33% Fail
Accounts receivable 198.18% 49.00% Fail
Non-permissible income 0.36% 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.

34.8031.4528.1024.7521.402025-09-112026-03-162026-09-11

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

Support & Resistance
S3
21.13
S2
21.32
S1
21.53
PIVOT
21.72
R1
21.93
R2
22.12
R3
22.33

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
19.4535 23.3465
±9.1% from 21.4, made 2026-09-11 · resolves 2026-09-18
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22033 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 SELL
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)35.80NEUTRAL
Stochastic %K (14)0.00BUY
CCI (20)-111.74BUY
Williams %R (14)-100.00BUY
MACD (12,26,9)-0.08SELL
ROC (10)-6.55SELL
Momentum (10)-1.50SELL
EMA (10)22.09SELL
SMA (10)22.43SELL
EMA (20)22.27SELL
SMA (20)22.28SELL
EMA (30)22.45SELL
SMA (30)22.26SELL
EMA (50)22.94SELL
SMA (50)22.72SELL
EMA (100)24.26SELL
SMA (100)24.32SELL
EMA (200)26.30SELL
SMA (200)26.79SELL

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 Erbud S.A.

Industrials · Engineering & Construction

Erbud S.A., together with its subsidiaries, engages in the construction business in Poland and internationally. It constructs hotels, office buildings, schools, housing, shopping centers, hospitals, apartments, public utility facilities, and industrial facilities. The company engages in designing and construction of renewable energy, including solar and wind farm; and offers operation and maintenance services. In addition, it offers road engineering and renewable energy sources, engineering services, and support services; management services; modular timber construction; design services; and maintenance services in industrial construction. Additionally, the company engages in the development contracting activities in the renewable energy source business. The company was founded in 1990 and is based in Warsaw, Poland.

erbud.pl ↗

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 2026-09-01 · 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.