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

FUWAYStock

TOKYO STOCK EXCHANGE-TOKYO PRO MARKET · Industrials · JP

$7.06 last close 2026-11-09
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Price alert

Verdicts genuinely change. Free email alert the moment FUWAY's does — no target price to set, unlike a price alert.

Sharia status
COMPLIANT
Per our in-house ratio engine
4 of 7 pass our own screen — the standards disagree
Purification 0.08% *HTR non-permissible income 0.08%
🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
🟠 NOT YET
The main driver: lagging the market by 39.0%. More negatives than positives right now. The setup isn't ready — check...
Scores: 1 bullish / 2 bearish
39
of 100
Setup confidence — system conviction, not win probabilityD

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure2 of 5 timeframes bullish · 43.5% aligned
VWAPPrice holding above VWAP ($6.81)
VolumeRelative volume 0.7× the 20-day average
Momentum10-day rate of change -23.6%
Overall readNOT YET

FUWAY is currently considered halal (Sharia-compliant), per our in-house ratio engine. See the full ratio breakdown and business-activity screen below for the reasoning.

This sits among 605 compliant Industrials stocks we track. See compliant Industrials stocks →

Market & analysts
Wall Street consensus
BUY
14 analysts
Institutional own.
0.0%
of shares
Momentum (10d)
-23.6%
rate of change
SMC grade
D · 39
43.5% aligned
0.08% *
Purification ratio (secondary provider, uncertain)
0.08%
Non-permissible income — HTR, from filings (2026-03-31)
D · 39
SMC grade — 43.5% timeframe alignment
-23.6%
Rate of change (10d)
BUY
Wall Street consensus (14)
0.0%
Institutional ownership

🕌 In-house Compliance Research

Computed from published company financials, balance sheet as of 2026-03-31. These ratios come from the issuer's own published statements rather than structured SEC data.

Business activity: cleared (no excluded categories detected)

AAOIFI Pass 3 of 3 ratios pass
RatioValueThresholdResult
Interest-bearing debt 11.82% 30.00% Pass
Interest-bearing investments 2.55% 30.00% Pass
Non-permissible income 0.08% 5.00% Pass
Usmani Pass 4 of 4 ratios pass
RatioValueThresholdResult
Interest-bearing debt 32.08% 33.00% Pass
Interest-bearing investments 6.66% 33.00% Pass
Non-liquid assets 68.36% at least 20.00% Pass
Non-permissible income 0.08% 5.00% Pass
MSCI Pass 4 of 4 ratios pass
RatioValueThresholdResult
Interest-bearing debt 30.89% 33.33% Pass
Cash + interest-bearing securities 6.66% 33.33% Pass
Accounts receivable 31.64% 33.33% Pass
Non-permissible income 0.08% 5.00% Pass
FTSE Pass 4 of 4 ratios pass
RatioValueThresholdResult
Interest-bearing debt 30.89% 33.33% Pass
Cash + interest-bearing securities 6.66% 33.33% Pass
Accounts receivable 31.64% 50.00% Pass
Non-permissible income 0.08% 5.00% Pass
Dow Jones Islamic Market Pass 4 of 4 ratios pass

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 13.74% 33.00% Pass
Cash + interest-bearing securities 2.96% 33.00% Pass
Accounts receivable 11.12% 33.00% Pass
Non-permissible income 0.08% 5.00% Pass
S&P Shariah Pass 4 of 4 ratios pass

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 19.00% 33.00% Pass
Cash + interest-bearing securities 4.09% 49.00% Pass
Accounts receivable 15.37% 49.00% Pass
Non-permissible income 0.08% 5.00% Pass
MSCI M-Series Pass 4 of 4 ratios pass

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 19.00% 33.33% Pass
Cash + interest-bearing securities 4.09% 33.33% Pass
Accounts receivable 19.47% 49.00% Pass
Non-permissible income 0.08% 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.

How close is it to flipping?

Every current reading against its own line, closest first. A verdict is only as durable as that distance.

Usmani (% of total assets)debt ratio 0.9pts
MSCI Islamic Index (% of total assets)receivables ratio 1.7pts
MSCI Islamic Index (% of total assets)debt ratio 2.4pts

The numbers the ratios are built from

Read from FUWAY's own filings. Every percentage on this page is one of these lines divided by another, so the inputs are shown rather than asserted.

LineFigureAs reportedRead from
RevenueTotal revenue for the period $8.2B 2026-03-31 yahoo:annualTotalRevenue
Interest-bearing debtShort and long-term borrowings $2.1B 2026-03-31 yahoo:annualTotalDebt
Cash and interest-bearing securitiesCash, equivalents and marketable securities $445.0M 2026-03-31 yahoo:annualCashCashEquivalentsAndShortTermInvestments
Total assetsBalance sheet total $6.7B 2026-03-31 yahoo:annualTotalAssets
Market capDenominator for AAOIFI $17.5B live quote price x shares
36-month average market capDenominator for S&P Shariah and MSCI M-Series $2.7B 756 trading days closes x shares
24-month average market capDenominator for Dow Jones Islamic Market $3.7B 504 trading days closes x shares
Non-permissible revenueInterest and excluded income $6.2M 2026-03-31 yahoo:annualInterestIncome

Two dates, not one: a balance-sheet line and an income-statement line cover different windows by design, so each figure carries its own.

What changed, and when

Verdict history for FUWAY. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.

  • 2026-09-07 No change recorded No verdict change for FUWAY has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.

Tracked since 2026-09-07.

19.0315.0010.976.942.902025-11-102026-05-122026-11-09

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

Support & Resistance
S3
5.93
S2
6.07
S1
6.19
PIVOT
6.33
R1
6.45
R2
6.59
R3
6.71

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

Price Forecast

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 below. 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.

7-day expected range
10.37 – 13.97
±14.78% from 12.17, made 2026-09-25 · resolves 2026-10-02
STRONG SELL
from 19 indicators
61.9% of our last 5789 forecasts — across every instrument we forecast, not just this one — landed inside their stated range, and 49.9% called the direction correctly.

Technical Summary

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.

STRONG SELL
19 indicators
OscillatorsSTRONG SELL
1 buy · 3 neutral · 3 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)33.70NEUTRAL
Stochastic %K (14)28.73NEUTRAL
CCI (20)-128.27BUY
Williams %R (14)-71.27NEUTRAL
MACD (12,26,9)-0.25SELL
ROC (10)-23.27SELL
Momentum (10)-2.15SELL
EMA (10)7.87SELL
SMA (10)8.10SELL
EMA (20)9.00SELL
SMA (20)9.21SELL
EMA (30)9.74SELL
SMA (30)10.55SELL
EMA (50)10.57SELL
SMA (50)11.30SELL
EMA (100)11.21SELL
SMA (100)11.76SELL
EMA (200)10.14SELL
SMA (200)11.59SELL

About FUWAY

Industrials · Electrical Equipment & Parts

Furukawa Electric Co., Ltd. provides a wide range of products in the business fields of Optical Solutions, Digital Infrastructure Components, Energy Infrastructure, Automotive Systems and Metal Solutions worldwide. It operates through Infrastructure; Electrical and Electronic; Functional Products; and Services and Developments segments. The company offers optical fiber/optical active components, optical fiber cable, optical closure/optical termination box, optical connector and cord, optical fiber identifier, fusion splicer/optical connecting tool, broadband system, router/network equipment, industrial infrastructure systems, and wireless products; tape for semiconductor process, cable conduit materials, heat insulator, fluorescent lamp and LED reflectors, polyethylene pipe, heat dissipation/cooling products, aluminum blank material for hard disk drives, copper foil, and optical devices and components; and power cable, cable-related equipment/connection and terminal products, industrial machine-related equipment, power distribution products, metal communication cable, wiring materials, fire prevention products, and submarine water pipe. It also provides wire harness, sliding door harness, BUS harness, corrosion-proof terminal for aluminum wire, connector for automobile, steering roll connector, metal core printed-circuit-board, and lead battery status detection sensor; copper alloy wire/oxygen-free copper wire, insulated and special wires, copper and copper alloy products, plating, and superconducting cable; as well as insulated lasers, infrastructure maintenance, optical medical device development platform, optical fiber probe, optical fiber sensor for diagnostic applications, and detection solutions for internal medical devices. Furukawa Electric Co., Ltd. was founded in 1884 and is headquartered in Chiyoda, Japan.

furukawa.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 3201.4% (< 30%)
Investments ratio 711.5% (< 30%)
Non permissible income ratio 0.1% (< 5%)
Usmani (% of total assets) — Pass
Debt ratio 29.9% (< 33%)
Investments ratio 6.7% (< 33%)
Non permissible income ratio 0.1% (< 5%)

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

Verdict

🟠 NOT YET

The main driver: lagging the market by 39.0%. More negatives than positives right now. The setup isn't ready — check back when the trend or RSI changes.

Scores: 1 bullish / 2 bearish

Grade verdict

Weak — low conviction, small size or skip

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

TimeframeBiasBars
📅 Daily BEARISH 42
⏰ 4H RANGING 25
🕐 1H RANGING 98
⏱ 15-Min BULLISH 130
⏲ 5-Min BULLISH 234

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

-23.6%
Rate of change (10d)
0.7×
Volume vs its 20-day average
-1.40
MACD (no fresh cross)
$7.08
Volume POC (today)
$6.97 – $7.09
Value area

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

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

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is this a fatwa?

No. HTR applies published screening standards to a company's own filings and shows the result under each one. It is research, not a religious ruling. For a ruling that applies to you, ask a qualified scholar.

Why can the standards disagree?

Because they measure different things. Some divide interest-bearing debt by market cap, others by total assets, and the thresholds differ too. The same filing can clear one line and cross another. HTR shows every verdict rather than averaging them into one label.

How often is this re-screened?

Ratios are recomputed when a new filing lands, and the whole watchlist is re-screened on a rolling basis. The date on the verdict above is the last time this symbol was actually recomputed, not the last time the page was built.

Do I need to purify dividends?

If a company earns some non-permissible income, many scholars hold that the same share of any dividend should be given away. The non-permissible income figure above is the number that calculation starts from — the purification calculator finishes it, showing the filing figures behind the ratio and both the proportional and the AAOIFI per-share convention.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

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

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

NO DATA   0 buys · 0 sells

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

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-11-03 · Asset managers net 928584 (+5135)

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.