Is Maxis (6012) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 29.8% / 30% | 1.5% / 30% | 4.8% / 30% | 0.36% / 5% | ✓ HALAL |
| DJIM | 29.8% / 33% | 1.5% / 33% | 4.8% / 33% | 0.36% / 5% | ✓ HALAL |
| MSCI | 39.9% / 33% | 2.0% / 33% | 6.4% / 33% | 0.36% / 5% | ✗ NOT HALAL |
| S&P | 29.8% / 33% | 1.5% / 33% | 4.8% / 33% | 0.36% / 5% | ✓ HALAL |
| FTSE | 39.9% / 33% | 2.0% / 33% | 6.4% / 50% | 0.36% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 45.9% | |
| Operating Margin | 16.6% | |
| Net Margin | 14.7% | |
| Return on Equity (ROE) | 25.9% | |
| Return on Assets (ROA) | 6.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $3.6B |
| Free Cash Flow | $2.3B |
| Total Debt | $9.0B |
| Debt-to-Equity | 152.7 |
| Current Ratio | 0.5 |
| Total Assets | $22.5B |
Price & Trading
| Last Close | MYR 3.54 |
| 50-Day MA | MYR 3.82 |
| 200-Day MA | MYR 3.75 |
| Avg Volume | 2.5M |
| Beta | 0.3 |
|
52-Week Range
MYR 3.13
| |
About Maxis (6012)
Maxis Berhad, an investment holding company, provides a suite of converged telecommunications, digital, and related services and solutions in Malaysia and internationally. It offers mobile plans; devices, such as mobiles, tablets, wearables, and home devices; broadband services; data and internet, and satellite services; and digital, point of sales and payment, collaboration, voice, security, and Internet of Things solutions. The company also provides cloud and data center solutions; hardware and software solutions for retailers; develops technology platforms to aid online learning and educational services; and managed network services and other network services. It serves retail, manufacturing, logistics, food and beverage, and financial service industries, as well as public sector. The company was founded in 1995 and is based in Kuala Lumpur, Malaysia. Maxis Berhad is a subsidiary of BGSM Equity Holdings Sdn. Bhd.
Purification Calculator
As a halal stock with 0.36% impermissible income, you need to purify your dividends.
Related Halal Stocks in Communication Services
Frequently Asked Questions
Is Maxis (6012) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Maxis is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Maxis's debt ratio?
Maxis's debt ratio is 29.8% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 39.9%.
Does Maxis require dividend purification?
Yes, Maxis has an impermissible income ratio of 0.36%, which means 0.36% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Maxis's key financial metrics?
Maxis has a market capitalization of $27.4B, trailing P/E ratio of 17.5, and revenue of $10.6B. The company maintains a gross margin of 45.9% and a net margin of 14.7%. Return on equity stands at 25.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.