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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
SP

SPH.WA

$10.50
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-28
HTR non-permissible income 0.15%
🕌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.

Sopharma AD (SPH.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
Institutional own.
0.2%
of shares
NON-COMPLIANT
Sharia compliance
0.15%
Non-permissible income — HTR, from filings (2025-12-31)
0.2%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. SPH.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 38.21% 30.00% Fail
Interest-bearing investments 3.72% 30.00% Pass
Non-permissible income 0.15% 5.00% Pass

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 35.40% 33.00% Fail
Interest-bearing investments 3.45% 33.00% Pass
Non-liquid assets 76.68% at least 20.00% Pass
Non-permissible income 0.15% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 35.40% 33.33% Fail
Cash + interest-bearing securities 3.45% 33.33% Pass
Accounts receivable 23.32% 33.33% Pass
Non-permissible income 0.15% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 35.40% 33.33% Fail
Cash + interest-bearing securities 3.45% 33.33% Pass
Accounts receivable 23.32% 50.00% Pass
Non-permissible income 0.15% 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 70.16% 33.00% Fail
Cash + interest-bearing securities 6.83% 33.00% Pass
Accounts receivable 39.39% 33.00% Fail
Non-permissible income 0.15% 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 78.22% 33.00% Fail
Cash + interest-bearing securities 7.62% 49.00% Pass
Accounts receivable 43.91% 49.00% Pass
Non-permissible income 0.15% 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 78.22% 33.33% Fail
Cash + interest-bearing securities 7.62% 33.33% Pass
Accounts receivable 51.53% 49.00% Fail
Non-permissible income 0.15% 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.

12.6711.249.828.406.972025-09-112026-03-162026-09-11

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

Support & Resistance
S3
9.53
S2
9.77
S1
9.93
PIVOT
10.17
R1
10.33
R2
10.57
R3
10.73

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
9.34234 10.6577
±6.58% from 10, made 2026-09-09 · resolves 2026-09-16
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21963 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
OscillatorsSELL
3 buy · 0 neutral · 4 sell
Moving averagesSTRONG BUY
12 buy · 0 neutral · 0 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)85.60SELL
Stochastic %K (14)100.00SELL
CCI (20)164.91SELL
Williams %R (14)0.00SELL
MACD (12,26,9)0.24BUY
ROC (10)29.63BUY
Momentum (10)2.40BUY
EMA (10)9.41BUY
SMA (10)9.16BUY
EMA (20)8.81BUY
SMA (20)8.54BUY
EMA (30)8.50BUY
SMA (30)8.15BUY
EMA (50)8.19BUY
SMA (50)7.91BUY
EMA (100)8.17BUY
SMA (100)7.76BUY
EMA (200)9.33BUY
SMA (200)9.03BUY

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 Sopharma AD

Healthcare · Medical Distribution

Sopharma AD produces, distributes, and exports pharmaceutical products in Europe, Bulgaria, and internationally. It offers Carsil to treat liver disease; Tempalgin, a painkiller; Analgin, a pain reliever; Tabex, a drug used for smoking secession; Tribestan, a drug used for stimulation of the male reproductive system; Broncholytin, which is used to suppress cough; Nivalin for use in the peripheral nervous system; Methylprednisolon for severe allergies and life-threatening conditions; Vitamin C; Valeriana, a herbal medicine to reduce the stress; veterinary vaccines; and medical devices, such as gauzes, compresses, and dressing. The company also provides food supplements; medicinal and cosmetic products, including plasters, bandages, herbal cosmetics, and sanitary-hygiene products; and yophilic products, ointments, syrups, drops, suppositories, inhalers, haemodialysis concentrates, sachets, substances, infusion solutions, veterinary vaccines, solutions and chemical substances and mixture. In addition, the company distributes pharmaceuticals, and sanitary and hygiene products; and provides contract manufacturing services, regulatory services, laboratory analysis, transport services, and other services. Further, it is involved in trading of pharmaceuticals; manufacturing medical plant; and provision of public opinion research services. Additionally, the company engages in the offline and online retail trade of medicinal products and medical equipment; and rental of properties, as well as in trading, consulting, and other activities. Sopharma AD was founded in 1933 and is headquartered in Sofia, Bulgaria.

sopharmagroup.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 2026-09-01 · 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.