Skip to content
Menu

Sağlama record · BIST: TUKAS

Tukaş Gıda

Tukaş Gıda (TUKAS) shares were removed from Borsa Istanbul's participation index list (BIST Participation All Shares) as of October 1, 2026 (Borsa Istanbul announcement, Sep 29, 2026). Borsa Istanbul does not state the reason for a removal in its announcement. In the company's KAFİF declaration for the first half of 2026, the excluded income ratio is 6.77%, against a threshold of 5%.

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

The reading of all three ratios in the financial statements for the first half of 2026 is not complete; the ratios rest on the items read. The statements will be read again, and the record's result will be given after that.

This is a measurement, not a religious ruling.

MEASUREMENT TABLE

Interest-bearing loans

statements to be read again
23.0%

Measured on the items read

Calculation and source

Calculation: numerator ÷ denominatorTRY 6,826,930,994÷TRY 29,723,859,242 (total assets)× 100

RatioInterest-bearing loans / total assets

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. The ratio rests on the items read from the financial statements; the statements will be read again. Balance sheet sub-lines (page 5): “- İlişkili Olmayan Taraflara Diğer Borçlar” TRY 89,734,394: undetermined, kept in the numerator. Balance sheet sub-lines (page 5): “- Banka Kredileri” TRY 1,925,524,792: undetermined, kept in the numerator; “- Finansal Kiralama İşlemlerinden Borçlar” TRY 57,679,417: not counted (proven). Balance sheet sub-lines (page 5): “- Banka Kredileri” TRY 2,176,222,477: undetermined, kept in the numerator; “- İhraç Edilmiş borçlanma Araçları” TRY 261,677,104: counted in the ratio (proven). Balance sheet sub-lines (page 5): “- Banka Kredileri” TRY 2,373,772,227: undetermined, kept in the numerator; “- Finansal Kiralama İşlemlerinden Borçlar” TRY 280,637,597: not counted (proven); “- İhraç Edilmiş borçlanma Araçları” TRY 0: counted in the ratio (proven). On the items read, the measured range is 0.88% to 22.97%.

KAFİF declaration 22.7% (first half 2026) · Sağlama measurement on the items read 0.9% to 23.0% (first half 2026) · the statements will be read again · View the form on KAP

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

View the documentMethod

Interest-bearing assets

statements to be read again
4.3%

Measured on the items read

Calculation and source

Calculation: numerator ÷ denominatorTRY 1,268,881,422÷TRY 29,723,859,242 (total assets)× 100

RatioInterest-bearing cash and securities / total assets

The deductions the company declares on line 5G of its KAFİF form are not used in the measurement; they could not be confirmed from the financial statements and notes, so the deduction was set to 0. The ratio rests on the items read from the financial statements; the statements will be read again. Note 5: “Finansal Yatırımlar” TRY 1,147,919,144: undetermined, kept in the numerator. Notes that could not be used: Cash and cash equivalents: no note was found for this item (condensed interim report). On the items read, the measured range is 0.00% to 4.27%.

Breakdown from the notes
Item, as written in the company's reportAmount (TRY)ClassBasis
Finansal Yatırımlar · Financial investments, note 51,147,919,144undetermined, kept in the numerator

KAFİF declaration 1.7% (first half 2026) · Sağlama measurement on the items read 0.0% to 4.3% (first half 2026) · the statements will be read again · View the form on KAP

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

View the documentMethod

Excluded income

statements to be read again
7.2%

On the items read: 0.3% to 7.2%

Calculation and source

Calculation: numerator ÷ denominatorTRY 440,837,646÷TRY 6,117,363,533 (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.

This range rests on the items read from the financial statements, and the statements will be read again.

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. The ratio rests on the items read from the financial statements; the statements will be read again. 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 16: “Konusu kalmayan şüpheli alacak karşılıkları” TRY 48,210: not counted (proven); “Konusu kalmayan dava karşılıkları” TRY 1,788,069: not counted (proven); “Ticari faaliyetler ile ilgili kambiyo kârları” TRY 41,653,930: not counted (proven); “Kira gelirleri” TRY 6,399,875: not counted (proven); “Hurda satış gelirleri” TRY 5,942,859: not counted (proven); “Reklamasyon gelirleri” TRY 11,298,308: undetermined, kept in the numerator; “Sigorta hasar gelirleri” TRY 4,138,589: not counted (proven); “Teşvik gelirleri” TRY 30,852,943: not counted (proven); and 1 more line. Note 18: “Banka faiz gelirleri” TRY 1,443,716: counted in the ratio (proven); “Adat faiz geliri” TRY 0: counted in the ratio (proven); “Finansman faaliyetleri ile ilgili kambiyo kârları” TRY 104,677,064: not counted (proven). Note 17: “Fon faiz gelirleri” TRY 15,630,489: counted in the ratio (proven); “Yatırım fonu değişim kârları” TRY 397,033,254: undetermined, kept in the numerator; “Sabit kıymet satış kârı” TRY 0: not counted (proven). On the items read, the measured range is 0.28% to 7.21%.

Breakdown from the notes
Item, as written in the company's reportAmount (TRY)ClassBasis
Konusu kalmayan şüpheli alacak karşılıkları · Other income from operating activities, note 1648,210not counted (proven)TKBB Guideline 4.2
Konusu kalmayan dava karşılıkları · Other income from operating activities, note 161,788,069not counted (proven)TKBB Guideline 4.2
Ticari faaliyetler ile ilgili kambiyo kârları · Other income from operating activities, note 1641,653,930not counted (proven)TKBB Guideline 4.2
Kira gelirleri · Other income from operating activities, note 166,399,875not counted (proven)TKBB Guideline 4.2
Hurda satış gelirleri · Other income from operating activities, note 165,942,859not counted (proven)TKBB Guideline 4.2
Reklamasyon gelirleri · Other income from operating activities, note 1611,298,308undetermined, kept in the numerator
Sigorta hasar gelirleri · Other income from operating activities, note 164,138,589not counted (proven)TKBB Guideline 4.2
Teşvik gelirleri · Other income from operating activities, note 1630,852,943not counted (proven)TKBB Guideline 4.2
Diğer gelir ve kârlar · Other income from operating activities, note 1615,431,879undetermined, kept in the numeratorTKBB Guideline 4.1
Banka faiz gelirleri · Finance income, note 181,443,716counted in the ratio (proven)TKBB Guideline 4.1
Adat faiz geliri · Finance income, note 180counted in the ratio (proven)TKBB Guideline 4.1
Finansman faaliyetleri ile ilgili kambiyo kârları · Finance income, note 18104,677,064not counted (proven)TKBB Guideline 4.2
Fon faiz gelirleri · Income from investing activities, note 1715,630,489counted in the ratio (proven)TKBB Guideline 4.1
Yatırım fonu değişim kârları · Income from investing activities, note 17397,033,254undetermined, kept in the numeratorTKBB Guideline 4.2
Sabit kıymet satış kârı · Income from investing activities, note 170not counted (proven)TKBB Guideline 4.2

KAFİF declaration 6.8% (first half 2026) · Sağlama measurement on the items read 0.3% to 7.2% (first half 2026) · the statements will be read again · 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
Not on the BIST Participation All Shares list · Index period from October 2026 to April 2027Source: Borsa Istanbul's list of constituents, Oct 1, 2026
Latest official change

Removed from the BIST Participation All Shares, BIST Participation 30, BIST Participation 50 and BIST Participation 100 indices as of October 1, 2026, for the period from October 2026 to April 2027. Source: Borsa Istanbul announcement, Sep 29, 2026 · KAP disclosure 1669816

All changes for the period from October 2026 to April 2027

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).

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 · first half 2026: at least one ratio above the threshold. Income 10.40% · assets 4.27% · loans 24.11%.
  2. Earlier measurementTKBB rules, August 2025, version 1 · first half 2026: depends on the company's declaration. Income 7.21% · assets 4.27% · loans 24.11%.
  3. Earlier measurementTKBB rules, August 2025, version 2 · first half 2026: depends on the company's declaration. Income 7.21% · assets 4.27% · loans 24.11%.
  4. Earlier measurementTKBB rules, August 2025, version 2 · first half 2026: depends on the company's declaration. Income 7.21% · assets 4.27% · loans 22.97%.
  5. Removed from the indexRemoved from the BIST Participation All Shares, BIST Participation 30, BIST Participation 50 and BIST Participation 100 indices for the period from October 2026 to April 2027. Announced in KAP disclosure 1669816 on September 29, 2026.
  6. MeasurementTKBB rules, August 2025, version 3 · first half 2026: statements to be read again. Income 0.28% to 7.21% · assets 0.00% to 4.27% · loans 0.88% to 22.97%. The ratios rest on the items read.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

  • TUKAS financial report, Jun 30, 2026 (company investor relations site)Jun 30, 2026 · Fingerprint c519618f57fb… · fingerprint of the downloaded file 7b128fd461de…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.

What this measurement covers

This record's financial statements will be read again. The ratios rest on the items read; the record's result will be given after the new reading. Method

The company's KAFİF declaration

The company's declaration on the KAP form (first half 2026): excluded income 6.8%, interest-bearing assets 1.7%, interest-bearing loans 22.7%. 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 SLIPTUKAS · 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
7.2%
Purification amount
TRY 86.52

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. The ratio rests on the items read; the statements will be read again, so the ratio and the amount may change. On the items read, the measured range is 0.28% to 7.21%; the purification amount is calculated with the 7.21% found from the items read.

  • 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.

Get an alert if it changes

Your address is kept so that we can tell you when the status of TUKAS changes. Alerts start when the sending service goes live. At most one or two e-mails a month. You can unsubscribe with one click.

Your address is used only for these alerts.

Other companies not on the list

The 12 companies just before and after this one in alphabetical order among the companies not on the BIST Participation All Shares list. All companies: Company list.