Is Astra International (ASII) Halal?

JKT Industrials Indonesia $246.3T
✗ NOT HALAL
Confidence: 90/100
Astra International (ASII) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 44.8% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Astra International operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 44.8%
/ 30%
21.9%
/ 30%
11.3%
/ 30%
1.13%
/ 5%
✗ NOT HALAL
DJIM 44.8%
/ 33%
21.9%
/ 33%
11.3%
/ 33%
1.13%
/ 5%
✗ NOT HALAL
MSCI 21.7%
/ 33%
10.6%
/ 33%
5.5%
/ 33%
1.13%
/ 5%
✓ HALAL
S&P 44.8%
/ 33%
21.9%
/ 33%
11.3%
/ 33%
1.13%
/ 5%
✗ NOT HALAL
FTSE 21.7%
/ 33%
10.6%
/ 33%
5.5%
/ 50%
1.13%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
7.6
Forward: 8.0
EPS
$809.73
Dividend Yield
663.0%
Payout: 50.1%
P/B Ratio
1.1
EV/EBITDA
6.5
EV: $364.5T
Revenue
$323.4T
Growth: -2.9%
Beta
0.1
Low volatility
Current Ratio
1.2

Profitability

Gross Margin 19.6%
Operating Margin 14.2%
Net Margin 10.1%
Return on Equity (ROE) 14.3%
Return on Assets (ROA) 5.1%

Cash Flow & Balance Sheet

Free Cash Flow$27.3T
Total Debt$110.3T
Debt-to-Equity37.9
Current Ratio1.2
Total Assets$507.4T

Price & Trading

Last CloseIDR 6,250.00
50-Day MAIDR 6,417.50
200-Day MAIDR 5,941.60
Avg Volume53.7M
Beta0.1
52-Week Range
IDR 4,400.00
IDR 7,475.00

About Astra International (ASII)

CEO
Mr. Djony Bunarto Tjondro
Employees
133,667
Sector
Industrials
Industry
Conglomerates
Country
Indonesia
Exchange
JKT
Market Cap
$246.3T
Currency
IDR

PT Astra International Tbk, together with its subsidiaries, operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally. It operates in Automotive, Financial Services, Heavy Equipment and Mining, construction, and energy, infrastructure and logistics, Agribusiness, Information Technology, and Property segments. The Automotive segment includes car, motorcycle, component, and others. Its Financial Services segment engages in car, motorcycle, heavy equipment financing, and Insurance. The Heavy Equipment and Mining, construction, and energy segment engages in construction machines, mining contractor, mining, and construction. Its infrastructure and logistics segment includes infrastructure and logistics value chain services; Agribusiness segment include oil palm plantations and their derivative products. The Information Technology segment comprises document solutions, IT Solutions, and office solutions; and Property development segment. The company also engages in sales of spare parts, heavy equipment and rental services, mining and related services. The company was founded in 1957 and is headquartered in Jakarta, Indonesia. PT Astra International Tbk is a subsidiary of Jardine Cycle & Carriage Limited.

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Frequently Asked Questions

Is Astra International (ASII) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Astra International is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Astra International's debt ratio?

Astra International's debt ratio is 44.8% 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 21.7%.

What are Astra International's key financial metrics?

Astra International has a market capitalization of $246.3T, trailing P/E ratio of 7.6, and revenue of $323.4T. The company maintains a gross margin of 19.6% and a net margin of 10.1%. Return on equity stands at 14.3%.

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.