Kernel Holding S.A. (KER.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.
Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. KER.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)
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 66.85% | 30.00% | Fail |
| Interest-bearing investments | 53.08% | 30.00% | Fail |
| Non-permissible income | 0.50% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 27.92% | 33.00% | Pass |
| Interest-bearing investments | 22.17% | 33.00% | Pass |
| Non-liquid assets | 69.53% | at least 20.00% | Pass |
| Non-permissible income | 0.50% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 27.92% | 33.33% | Pass |
| Cash + interest-bearing securities | 22.17% | 33.33% | Pass |
| Accounts receivable | 30.47% | 33.33% | Pass |
| Non-permissible income | 0.50% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 27.92% | 33.33% | Pass |
| Cash + interest-bearing securities | 22.17% | 33.33% | Pass |
| Accounts receivable | 30.47% | 50.00% | Pass |
| Non-permissible income | 0.50% | 5.00% | 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.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 71.30% | 33.00% | Fail |
| Cash + interest-bearing securities | 56.62% | 33.00% | Fail |
| Accounts receivable | 21.19% | 33.00% | Pass |
| Non-permissible income | 0.50% | 5.00% | 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.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 95.48% | 33.00% | Fail |
| Cash + interest-bearing securities | 75.82% | 49.00% | Fail |
| Accounts receivable | 28.37% | 49.00% | Pass |
| Non-permissible income | 0.50% | 5.00% | 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.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 95.48% | 33.33% | Fail |
| Cash + interest-bearing securities | 75.82% | 33.33% | Fail |
| Accounts receivable | 104.19% | 49.00% | Fail |
| Non-permissible income | 0.50% | 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.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 56.90 | NEUTRAL |
| Stochastic %K (14) | 78.26 | NEUTRAL |
| CCI (20) | 63.93 | NEUTRAL |
| Williams %R (14) | -21.74 | NEUTRAL |
| MACD (12,26,9) | 0.00 | BUY |
| ROC (10) | 0.72 | BUY |
| Momentum (10) | 0.14 | BUY |
| EMA (10) | 19.56 | BUY |
| SMA (10) | 19.54 | BUY |
| EMA (20) | 19.51 | BUY |
| SMA (20) | 19.53 | BUY |
| EMA (30) | 19.48 | BUY |
| SMA (30) | 19.46 | BUY |
| EMA (50) | 19.45 | BUY |
| SMA (50) | 19.37 | BUY |
| EMA (100) | 19.49 | BUY |
| SMA (100) | 19.44 | BUY |
| EMA (200) | 19.74 | SELL |
| SMA (200) | 20.06 | SELL |
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.
Consumer Defensive · Food Distribution
Kernel Holding S.A., together with its subsidiaries, engages in the diversified agricultural business in Ukraine, Switzerland, rest of Europe, India, rest of Asia, and internationally. The company operates through three segments: Oilseed Processing, Infrastructure and Trading, and Farming. It is involved in sunflower seed origination and sunflower oil production; sells bottled and bulk sunflower oil, and sunflower meal; produces electricity from sunflower musk; agricultural farming; production of corn, wheat, soybean, sunflower seed, rapeseed, and minor crops, as well as forage, pea, and barley; and cattle farming operation. The company also engages in sourcing and merchandising of wholesale edible oils and grain; provision of silo services; operating the fleet of logistics assets for inland transportation and vessels; and grain and sunflower oil handling and transshipment services. In addition, it trades in sunflower oil, meal, and grains; and operates grain elevators. The company was founded in 1995 and is based in Kyiv, Ukraine. Kernel Holding S.A. operates as a subsidiary of Namsen Limited.
Background via Yahoo Finance — informational, not part of the verdict.
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.
Based on the filing period ending 2024-06-30, figures in PLN.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-01 · Asset managers net 934180 (-19048)
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.