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Sağlama record · BIST: CIMSA

Çimsa

Çimsa (CIMSA) shares are on Borsa Istanbul's participation index list (BIST Participation All Shares) for the period from October 1, 2026 to April 30, 2027. Source: Borsa Istanbul's list of participation index constituents, Oct 1, 2026. The shares are also in the BIST Participation 30, BIST Participation 30 Equal Weighted Return, BIST Participation 50, BIST Participation 100, BIST Participation Dividend and BIST Participation Sustainability indices.

Dated October 17, 2026No. SGL-2026-6A-CIMSA

Based on the financial statements for the first half of 2026, the interest-bearing loans ratio is near the threshold and the other ratios are within it.

This is a measurement, not a religious ruling.

MEASUREMENT TABLE

Interest-bearing loans

near the threshold
29.9%

Upper bound

Calculation and source

Calculation: numerator ÷ denominatorTRY 29,687,058,000÷TRY 99,316,252,000 (total assets)× 100

RatioInterest-bearing loans / total assets

Upper bound. Debt items that may count as interest-bearing (line 6I of the KAFİF form) were taken in full from the public statements. Debts proven not to count (line 6J of the KAFİF form) were deducted as far as the notes prove them; items that could not be separated stayed in the numerator, as a precaution. Of the lease liabilities shown on the balance sheet, TRY 1,682,979 thousand are debts that do not count under TKBB Guideline 6.2, so they were deducted from the debt numerator (source: balance sheet, page 6). The ratio is therefore an upper bound for the items shown in the financial statements. Note 9: “Ödenecek vergi ve fonlar” TRY 621,455 thousand: not counted (proven); “Alınan depozito ve teminatlar” TRY 65,657 thousand: undetermined, kept in the upper bound; “İlişkili taraflara diğer borçlar (Not 31)” TRY 188,052 thousand: undetermined, kept in the upper bound. Notes that could not be used: Note 8 (Short-term borrowings): the note's amounts could not be matched to this item automatically. Note 8 (Current portion of long-term borrowings): the note's amounts could not be matched to this item automatically. Note 8 (Long-term borrowings): the note's amounts could not be matched to this item automatically. The ratio is in the range 0.00% to 29.89%; both bounds give the same result.

Breakdown from the notes
Item, as written in the company's reportAmount (TRY thousand)ClassBasis
Ödenecek vergi ve fonlar · Other payables, note 9621,455not counted (proven)TKBB Guideline 6.2
Alınan depozito ve teminatlar · Other payables, note 965,657undetermined, kept in the upper boundTKBB Guideline 6.1
İlişkili taraflara diğer borçlar (Not 31) · Other payables, note 9188,052undetermined, kept in the upper boundTKBB Guideline 6.1

KAFİF declaration 29.6% (first half 2026) · Sağlama range 0.0% to 29.9% (first half 2026) · the declaration is inside the range · View the form on KAP

Source: company financial report, first half 2026 statements · Jun 30, 2026

View the documentMethod

Interest-bearing assets

within the threshold
5.3%

Upper bound

Calculation and source

Calculation: numerator ÷ denominatorTRY 5,282,727,000÷TRY 99,316,252,000 (total assets)× 100

RatioInterest-bearing cash and securities / total assets

Upper bound. Asset items that may count as interest-bearing (line 5F of the KAFİF form) were taken in full from the public statements. Assets proven not to count (line 5G of the KAFİF form) were deducted as far as the notes prove them; items that could not be separated stayed in the numerator, as a precaution. The ratio is therefore an upper bound for the items shown in the financial statements. Note 6: “Hacı Ömer Sabancı Holding A.Ş.” TRY 2,699,847 thousand: undetermined, kept in the upper bound; “Diğer finansal varlıklar” TRY 269,647 thousand: undetermined, kept in the upper bound. Note 5: “Kasa” TRY 381 thousand: not counted (proven); “Bankalar / Vadesiz mevduatlar” TRY 2,547,353 thousand: not counted (proven); “Bankalar / Vadeli mevduatlar” TRY 2,257,761 thousand: counted in the ratio (proven). The ratio is in the range 2.27% to 5.32%; both bounds give the same result.

Breakdown from the notes
Item, as written in the company's reportAmount (TRY thousand)ClassBasis
Hacı Ömer Sabancı Holding A.Ş. · Financial investments, note 62,699,847undetermined, kept in the upper bound
Diğer finansal varlıklar · Financial investments, note 6269,647undetermined, kept in the upper boundTKBB Guideline 4.1
Kasa · Cash and cash equivalents, note 5381not counted (proven)TKBB Guideline 5.2
Bankalar / Vadesiz mevduatlar · Cash and cash equivalents, note 52,547,353not counted (proven)TKBB Guideline 5.2
Bankalar / Vadeli mevduatlar · Cash and cash equivalents, note 52,257,761counted in the ratio (proven)TKBB Guideline 5.1

KAFİF declaration 5.1% (first half 2026) · Sağlama range 2.3% to 5.3% (first half 2026) · the declaration is inside the range · View the form on KAP

Source: company financial report, first half 2026 statements · Jun 30, 2026

View the documentMethod

Excluded income

within the threshold
2.4%

Measured on the items we can calculate

Calculation and source

Calculation: numerator ÷ denominatorTRY 635,990,000÷TRY 26,580,261,000 (total income)× 100

RatioExcluded income / total income

On the KAP form this item is titled “Katılım Finans İlkelerine Uygun Olmayan Gelir”, which means income not in line with participation finance principles.

Measured on the items we can calculate. Income items that may count as excluded (line 4C of the KAFİF form) were taken in full from the public statements. Income that the notes prove does not count (line 4D of the KAFİF form) was deducted. Items that could not be separated stayed in the numerator, as a precaution. For these income lines (line 4C), the ratio is an upper bound. Excluded income from business activities (line 4B of the KAFİF form) does not appear in the financial statements; it is only in the company's KAFİF declaration on KAP. This measurement sets it to 0. If there is a declaration, the record shows it separately, with a link. Note 25: “Esas faaliyetlerden kur farkı gelirleri” TRY 462,636 thousand: not counted (proven); “Hurda ve muhtelif malzeme satışı” TRY 18,745 thousand: not counted (proven); “Konusu kalmayan karşılıklar” TRY 15,373 thousand: not counted (proven); “Diğer gelir ve karlar” TRY 224,067 thousand: undetermined, kept in the upper bound. Note 27: “Faiz gelirleri” TRY 353,431 thousand: counted in the ratio (proven). Note 26: “Temettü geliri” TRY 41,877 thousand: undetermined, kept in the upper bound; “Finansal yatırımlardan gelirler” TRY 16,615 thousand: undetermined, kept in the upper bound; “Sabit kıymet satış geliri” TRY 167 thousand: not counted (proven). The ratio is in the range 1.33% to 2.39%; both bounds give the same result.

Breakdown from the notes
Item, as written in the company's reportAmount (TRY thousand)ClassBasis
Esas faaliyetlerden kur farkı gelirleri · Other income from operating activities, note 25462,636not counted (proven)TKBB Guideline 4.2
Hurda ve muhtelif malzeme satışı · Other income from operating activities, note 2518,745not counted (proven)TKBB Guideline 4.2
Konusu kalmayan karşılıklar · Other income from operating activities, note 2515,373not counted (proven)TKBB Guideline 4.2
Diğer gelir ve karlar · Other income from operating activities, note 25224,067undetermined, kept in the upper boundTKBB Guideline 4.1
Faiz gelirleri · Finance income, note 27353,431counted in the ratio (proven)TKBB Guideline 4.1
Temettü geliri · Income from investing activities, note 2641,877undetermined, kept in the upper boundTKBB Guideline 4.2
Finansal yatırımlardan gelirler · Income from investing activities, note 2616,615undetermined, kept in the upper boundTKBB Guideline 4.1
Sabit kıymet satış geliri · Income from investing activities, note 26167not counted (proven)TKBB Guideline 4.2

KAFİF declaration 1.4% (first half 2026) · Sağlama range 1.3% to 2.4% (first half 2026) · the declaration is inside the range · View the form on KAP

Source: company financial report, first half 2026 statements · Jun 30, 2026

View the documentMethod

The three ratios are calculated from the financial statements, and each bar is scaled to its own threshold. The measurement uses the company's latest published statements, and every record states the period. The official review uses audited six- and twelve-month statements (Standard 3.4), so the periods can differ. Method

This record is produced by Sağlama's calculation from the financial statements the company publishes. The method and the corrections log are public. Responsible for this record: Savaş Tutumlu, founder.

Official list record

Official list
On the BIST Participation All Shares list · Index period from October 2026 to April 2027Source: Borsa Istanbul's list of constituents, Oct 1, 2026
In these sub-indices
BIST Participation 30 · BIST Participation 30 Equal Weighted Return · BIST Participation 50 · BIST Participation 100 · BIST Participation Dividend · BIST Participation Sustainability
Changes this period
These shares are not among the changes Borsa Istanbul announced for this period.Source: Borsa Istanbul announcement, Sep 29, 2026
Next period
Starts on May 1, 2027. Borsa Istanbul is expected to announce the new list by April 29, 2027 at the latest (Ground Rules 2.17). Sağlama's expectation for each member is on the Review forecast page. This is a forecast, not the official list.

Status history

6 entries

Each period's record and every correction are kept with their dates. Method

  1. Earlier measurementTKBB rules, August 2025, version 1 · Q1 2026: near the threshold. Income 5.38% · assets 5.52% · loans 0.00%.
  2. Earlier measurementTKBB rules, August 2025, version 1 · Q1 2026: near the threshold. Income 5.38% · assets 8.50% · loans 30.95%.
  3. Earlier measurementTKBB rules, August 2025, version 1 · Q1 2026: near the threshold. Income 3.17% · assets 7.25% · loans 30.36%.
  4. Earlier measurementTKBB rules, August 2025, version 2 · Q1 2026: near the threshold. Income 3.17% · assets 7.25% · loans 30.36%.
  5. Earlier measurementTKBB rules, August 2025, version 2 · first half 2026: near the threshold. Income 2.39% · assets 5.32% · loans 31.59%.
  6. MeasurementTKBB rules, August 2025, version 3 · first half 2026: near the threshold. Income 1.33% to 2.39% · assets 2.27% to 5.32% · loans 0.00% to 29.89%.THIS RECORD

Documents and sources

Source links lead to documents published by the company and by Borsa Istanbul. We do not copy KAP documents. Method

  • CIMSA financial report, Jun 30, 2026 (company investor relations site)Jun 30, 2026 · Fingerprint d5be7e70b73a…View the document
  • Sağlama's calculation and methodTKBB rules, August 2025, version 3Read the method

If a figure looks wrong, write to bilgi@saglama.com. We correct it and record the correction with its date in the corrections log.

The company's KAFİF declaration

The company's declaration on the KAP form (first half 2026): excluded income 1.4%, interest-bearing assets 5.1%, interest-bearing loans 29.6%. The three declared ratios are within the thresholds. View the form on KAP

The company's answers to the four yes/no questions on the form:

Do the articles of association of the company, its corporate shareholders or its affiliates include an activity that does not follow participation finance principles?
No
Do the company's articles of association grant a privilege that does not follow participation finance principles?
No
Has the company made a statement or decision supporting the actions defined in Standard 1.5 and TKBB Guideline 1.D?
No
Does the company have activities or income directly contrary to participation finance principles?
No

Purification calculation

Dividend-based method · CALCULATOR (DIVIDEND-BASED METHOD)

Purification calculator

A company within the threshold can still have a small amount of excluded income (interest income and other income the standard excludes). Under the TKBB standard, the part of this income that falls to your shares is given to charitable causes. This duty applies whether the company made a profit or a loss, and whether or not it paid a dividend. The amount set aside does not replace zakat or sadaqa.

CALCULATION SLIPCIMSA · first half 2026
Number of shares
500
Gross dividend per share
TRY 2.40
Gross dividend (500 × 2.40)
TRY 1,200.00
Excluded income ratio
2.4%
Purification amount
TRY 28.68

Purification amount = gross dividend × excluded income ratio

The number of shares and the dividend are sample inputs. The ratio comes from the company's measurement. To calculate with your own figures, use the purification page.

Purification amount = gross dividend × excluded income ratio (dividend-based method). Under TKBB Standard 3.6.1, purification is needed even if the company makes a loss or pays no dividend. The method page quotes TKBB Standard 3.6, including the inflation deduction under 3.6.2. This is a cautious calculation. The amount may be higher than the true figure, because it uses all of the interest income, not only the part above inflation. The ratio is the upper bound of the measurement (the lower bound is 1.33%); the purification amount is calculated on the upper bound, as a precaution.

  • Excluded income is the part of a company's earnings that is not in line with participation finance principles. On the KAP form it is called “income not in line with participation finance principles.”
  • Purification is done even if the company makes a loss.
  • Purification is needed even if no dividend is paid. The calculation here uses the dividend-based method. TKBB Standard 3.6 also counts how long you held the shares (the share-days method), which this calculator does not do yet.
  • The purification amount does not replace zakat or sadaqa. Under the TKBB standard, it is given away, not kept.
  • You give the amount yourself, to a charitable cause of your choice. Sağlama does not direct donations.

This calculation uses the dividend-based method. TKBB Standard 3.6 also counts how long you held the shares (the share-days method). The standard is quoted on the method page.

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Companies in the same index

The 12 companies just before and after this one in alphabetical order in BIST Participation 30.