Is GoTo Group (GOTO) Halal?

JKT Technology Indonesia $54.2T
✗ NOT HALAL
Confidence: 90/100
GoTo Group (GOTO) is Not Halal under AAOIFI Standard 21. While the debt ratio of 8.1% is acceptable, the cash and interest-bearing securities ratio of 35.3% exceeds the 30% threshold. GoTo Group operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 8.1%
/ 30%
35.3%
/ 30%
0.8%
/ 30%
3.48%
/ 5%
✗ NOT HALAL
DJIM 8.1%
/ 33%
35.3%
/ 33%
0.8%
/ 33%
3.48%
/ 5%
✗ NOT HALAL
MSCI 11.2%
/ 33%
48.4%
/ 33%
1.1%
/ 33%
3.48%
/ 5%
✗ NOT HALAL
S&P 8.1%
/ 33%
35.3%
/ 33%
0.8%
/ 33%
3.48%
/ 5%
✗ NOT HALAL
FTSE 11.2%
/ 33%
48.4%
/ 33%
1.1%
/ 50%
3.48%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-1.12
P/B Ratio
1.7
EV/EBITDA
-299.9
EV: $36.8T
Revenue
$18.3T
Growth: 18.8%
Beta
0.4
Low volatility
Current Ratio
2.7

Profitability

Gross Margin 57.7%
Operating Margin -3.1%
Net Margin -6.5%
Return on Equity (ROE) -5.1%
Return on Assets (ROA) -0.5%

Cash Flow & Balance Sheet

Free Cash Flow-$875.3B
Total Debt$7.7T
Debt-to-Equity27.0
Current Ratio2.7
Total Assets$45.8T

Price & Trading

Last CloseIDR 52.00
50-Day MAIDR 58.32
200-Day MAIDR 60.12
Avg Volume4.9B
Beta0.4
52-Week Range
IDR 50.00
IDR 87.00

About GoTo Group (GOTO)

CEO
Mr. Hans Patuwo
Employees
3,553
Sector
Technology
Industry
Software - Infrastructure
Country
Indonesia
Exchange
JKT
Market Cap
$54.2T
Currency
IDR

PT GoTo Gojek Tokopedia Tbk provides and operates on-demand services in Indonesia and internationally. It offers Gojek on-demand services, including mobility, food delivery, and logistics through electronic media, software platforms, or applications to micro-entrepreneurs; GoTo Financial technology solutions, including consumer payments, lending, and merchant services; and e-commerce services. The company also engages in retail trading of motor vehicle equipment; wholesale trading; digital identity provision activities; professional, and scientific and technical activities; repair of communication equipment; and operation of e-commerce marketplace and digital platform. In addition, it provides management consultancy, software development, package courier, electronic certificate and digital identity, financial intermediary, mobile advertising, data processing and information, motor vehicle rental, mobile and fixed advertising, transportation, online retail, web portal, financial transaction and payment technology, and point-of-sales technology, financing, trading, freight, management and administration, and warehousing and storage services. The company was founded in 2009 and is based in Jakarta, Indonesia.

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Frequently Asked Questions

Is GoTo Group (GOTO) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), GoTo Group 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 GoTo Group's debt ratio?

GoTo Group's debt ratio is 8.1% 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 11.2%.

What are GoTo Group's key financial metrics?

GoTo Group has a market capitalization of $54.2T, and revenue of $18.3T. The company maintains a gross margin of 57.7% and a net margin of -6.5%. Return on equity stands at -5.1%.

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.