Is Gudang Garam (GGRM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Tobacco | ✗ NOT HALAL | |||
| DJIM | Excluded — Tobacco | ✗ NOT HALAL | |||
| MSCI | Excluded — Tobacco | ✗ NOT HALAL | |||
| S&P | Excluded — Tobacco | ✗ NOT HALAL | |||
| FTSE | Excluded — Tobacco | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 9.1% | |
| Operating Margin | 5.9% | |
| Net Margin | 1.2% | |
| Return on Equity (ROE) | 1.8% | |
| Return on Assets (ROA) | 1.5% |
Cash Flow & Balance Sheet
| Free Cash Flow | $3.3T |
| Total Debt | $9.4T |
| Debt-to-Equity | 3.6 |
| Current Ratio | 3.3 |
| Total Assets | $84.9T |
Price & Trading
| Last Close | IDR 14,100.00 |
| 50-Day MA | IDR 15,538.50 |
| 200-Day MA | IDR 12,808.00 |
| Avg Volume | 1.3M |
| Beta | 0.7 |
|
52-Week Range
IDR 8,300.00
| |
About Gudang Garam (GGRM)
PT Gudang Garam Tbk, together with its subsidiaries, engages in the manufacture and sale of cigarettes in Indonesia and internationally. It operates through Cigarettes, Paperboards, Infrastructure, and Others segments. The company offers hand-rolled, machine-made, and klobot clove cigarettes. The company markets its products under the Gudang Garam Family, Surya Family, and GG Family brand names. It also involved in trading business; and provision of safety protective equipment, and investment, toll road and construction services. In addition, the company offers tobacco processing, non-scheduled air transportation, infrastructure, entertainment, and tourism services. The company was formerly known as PT Perusahaan Rokok Tjap Gudang Garam Kediri. PT Gudang Garam Tbk was founded in 1958 and is headquartered in Kediri, Indonesia. PT Gudang Garam Tbk is a subsidiary of PT Suryaduta Investama.
Related Halal Stocks in Consumer Defensive
Frequently Asked Questions
Is Gudang Garam (GGRM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Gudang Garam 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 Gudang Garam's debt ratio?
Gudang Garam's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Gudang Garam's key financial metrics?
Gudang Garam has a market capitalization of $26.6T, trailing P/E ratio of 24.3, and revenue of $98.7T. The company maintains a gross margin of 9.1% and a net margin of 1.2%. Return on equity stands at 1.8%.
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.