Is Indofood (INDF) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 128.9% / 30% | 87.5% / 30% | 16.8% / 30% | 1.53% / 5% | ✗ NOT HALAL |
| DJIM | 128.9% / 33% | 87.5% / 33% | 16.8% / 33% | 1.53% / 5% | ✗ NOT HALAL |
| MSCI | 35.2% / 33% | 23.9% / 33% | 4.6% / 33% | 1.53% / 5% | ✗ NOT HALAL |
| S&P | 128.9% / 33% | 87.5% / 33% | 16.8% / 33% | 1.53% / 5% | ✗ NOT HALAL |
| FTSE | 35.2% / 33% | 23.9% / 33% | 4.6% / 50% | 1.53% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 34.0% | |
| Operating Margin | 19.4% | |
| Net Margin | 6.5% | |
| Return on Equity (ROE) | 10.9% | |
| Return on Assets (ROA) | 7.4% |
Cash Flow & Balance Sheet
| Free Cash Flow | $11.8T |
| Total Debt | $71.0T |
| Debt-to-Equity | 65.6 |
| Current Ratio | 2.2 |
| Total Assets | $201.7T |
Price & Trading
| Last Close | IDR 6,075.00 |
| 50-Day MA | IDR 6,491.00 |
| 200-Day MA | IDR 7,252.38 |
| Avg Volume | 21.4M |
| Beta | -0.0 |
|
52-Week Range
IDR 5,900.00
| |
About Indofood (INDF)
PT Indofood Sukses Makmur Tbk operates as a food solutions company in Indonesia, the Middle East, Africa, the rest of Asia, and internationally. It operates through the Consumer Branded Products Business Group, Bogasari Business Group, Agribusiness Group, and Distribution Business Group segments. The company provides consumer products comprising noodles, dairy, snack foods, food seasonings, nutrition and special foods, and beverages; ultra-high temperature, evaporated, pasteurized liquid, UHT multi-cereal, and sterilized bottled milk; sweetened condensed creamer; milk-flavored drinks; powdered milk; ice cream; and butter. It also produces snacks from potato, cassava, and soybean, as well as chili, tomato, and soy sauce. The company offers baby cereals, baby rice puffs, crunchies, biscuits, puddings, noodle soup, and pasta for infants and toddlers. In addition, it provides cereal snacks, cereal powdered drinks, ready-to-drink tea, packaged water, fruit-flavored drinks, beverages, pasta, and other milk products. Further, the company conducts research and development in seed breeding, oil palm cultivation, and milling, as well as manufacturing and marketing margarine, shortening, and cooking oils. Additionally, it engages in the cultivation of sugar cane, rubber, and other crops. PT Indofood Sukses Makmur Tbk offers its products under various brands. The company was formerly known as PT Panganjaya Intikusuma and changed its name to PT Indofood Sukses Makmur Tbk in 1994. PT Indofood Sukses Makmur Tbk was incorporated in 1990 and is headquartered in Jakarta, Indonesia. PT Indofood Sukses Makmur Tbk is a subsidiary of First Pacific Investment Management Limited.
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Frequently Asked Questions
Is Indofood (INDF) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Indofood 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's debt ratio?
Indofood's debt ratio is 128.9% 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 35.2%.
What are Indofood's key financial metrics?
Indofood has a market capitalization of $52.5T, trailing P/E ratio of 6.8, and revenue of $115.8T. The company maintains a gross margin of 34.0% and a net margin of 6.5%. Return on equity stands at 10.9%.
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.