Is Indofood CBP (ICBP) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 52.5% / 30% | 31.9% / 30% | 9.7% / 30% | 1.33% / 5% | ✗ NOT HALAL |
| DJIM | 52.5% / 33% | 31.9% / 33% | 9.7% / 33% | 1.33% / 5% | ✗ NOT HALAL |
| MSCI | 36.2% / 33% | 22.0% / 33% | 6.7% / 33% | 1.33% / 5% | ✗ NOT HALAL |
| S&P | 52.5% / 33% | 31.9% / 33% | 9.7% / 33% | 1.33% / 5% | ✗ NOT HALAL |
| FTSE | 36.2% / 33% | 22.0% / 33% | 6.7% / 50% | 1.33% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 35.6% | |
| Operating Margin | 21.5% | |
| Net Margin | 8.2% | |
| Return on Equity (ROE) | 11.0% | |
| Return on Assets (ROA) | 7.7% |
Cash Flow & Balance Sheet
| Free Cash Flow | $10.3T |
| Total Debt | $45.6T |
| Debt-to-Equity | 66.1 |
| Current Ratio | 4.1 |
| Total Assets | $126.0T |
Price & Trading
| Last Close | IDR 7,275.00 |
| 50-Day MA | IDR 7,788.50 |
| 200-Day MA | IDR 8,847.50 |
| Avg Volume | 8.8M |
| Beta | -0.1 |
|
52-Week Range
IDR 7,075.00
| |
About Indofood CBP (ICBP)
PT Indofood CBP Sukses Makmur Tbk produces and sells consumers products in Indonesia, Rest of Asia, the Middle East, Africa, and internationally. It operates through six segments: Noodles Division, Dairy Division (dairy products), Food Seasonings Division, Snack Foods Division, Nutrition and Special Foods Division, and Beverages Division. The company offers noodles, sauces, and instant seasonings under the Indomie, Supermi, Sarimi, Pop Mie, Sakura, and Mi Telur Cap 3 Ayam brands; sweetened condensed milk, liquid milk, powdered milk, ice cream, and butter under the Indomilk, Cap Enaak, Tiga Sapi, Kremer, Orchid Butter, Indofood Icecream, Milkuat, and Good To Go brands; chips and non-chips snacks, such as potato biscuits, cassavas, and wheat flour under the Chitato, Qtela, Chiki, Jetz, Maxicorn, and Chitato Lite brands; and food seasonings, including powdered and liquid seasonings, condiments, and syrups under the Sambal Indofood, Bumbu Special Indofood, Bumbu Racik, Indofood Freiss, and Kecap Indofood brands. It also provides nutrition and special foods, such as baby cereals, follow-on cereals, noodle soups, and baby biscuits, as well as fortified milk for expectant and lactating mothers under the Promina, Govit, SUN, and Gowell brands; and beverages comprising ready-to-drink tea, packaged water, and fruit-flavored drinks under the Ichi Ocha, Club and Fruitamin brands. In addition, the company manufactures packaging materials for beauty and personal care, food, beverage, fabric and home care, and household products; offers non-alcoholic beverages, management consulting, and industrial estate services; markets and distributes culinary products; processes oil and fats; manages restaurants; and acts as investment and trade export agency. PT Indofood CBP Sukses Makmur Tbk was founded in 1982 and is based in Jakarta, Indonesia. PT Indofood CBP Sukses Makmur Tbk is a subsidiary of PT Indofood Sukses Makmur Tbk.
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Frequently Asked Questions
Is Indofood CBP (ICBP) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Indofood CBP 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 Indofood CBP's debt ratio?
Indofood CBP's debt ratio is 52.5% 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 36.2%.
What are Indofood CBP's key financial metrics?
Indofood CBP has a market capitalization of $82.8T, trailing P/E ratio of 13.7, and revenue of $72.6T. The company maintains a gross margin of 35.6% and a net margin of 8.2%. Return on equity stands at 11.0%.
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.