Is Jardine Matheson (J36) Halal?

SGX Industrials Bermuda $21.3B
✗ NOT HALAL
Confidence: 90/100
Jardine Matheson (J36) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 87.3% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Jardine Matheson operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 87.3%
/ 30%
22.0%
/ 30%
9.6%
/ 30%
0.75%
/ 5%
✗ NOT HALAL
DJIM 87.3%
/ 33%
22.0%
/ 33%
9.6%
/ 33%
0.75%
/ 5%
✗ NOT HALAL
MSCI 22.4%
/ 33%
5.6%
/ 33%
2.5%
/ 33%
0.75%
/ 5%
✓ HALAL
S&P 87.3%
/ 33%
22.0%
/ 33%
9.6%
/ 33%
0.75%
/ 5%
✗ NOT HALAL
FTSE 22.4%
/ 33%
5.6%
/ 33%
2.5%
/ 50%
0.75%
/ 5%
✓ HALAL

Financial Highlights

P/E Ratio
19.3
Forward: 12.0
EPS
$3.77
Dividend Yield
323.0%
Payout: 59.7%
P/B Ratio
0.7
EV/EBITDA
12.0
EV: $56.4B
Revenue
$35.8B
Growth: -7.4%
Beta
0.4
Low volatility
Current Ratio
1.5

Profitability

Gross Margin 27.5%
Operating Margin 11.2%
Net Margin 3.2%
Return on Equity (ROE) 6.1%
Return on Assets (ROA) 2.6%

Cash Flow & Balance Sheet

Operating Cash Flow$5.0B
Free Cash Flow$3.6B
Total Debt$19.4B
Debt-to-Equity33.2
Current Ratio1.5
Total Assets$86.8B

Price & Trading

Last Close$74.22
50-Day MA$76.20
200-Day MA$64.76
Avg Volume391K
Beta0.4
52-Week Range
$36.01
$82.50

About Jardine Matheson (J36)

CEO
Mr. Lin Feng Pan J.D.
Sector
Industrials
Industry
Conglomerates
Country
Bermuda
Exchange
SGX
Market Cap
$21.3B
Currency
USD

Jardine Matheson Holdings Limited operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally. It is also involved in the restaurants and hotels, financial services, heavy equipment, mining, and agribusinesses. The company offers automotive and transport services, as well as invests in, develops, and manages residential, commercial, and mixed-use properties. It also operates 7-Eleven, IKEA, and other retailing businesses, as well as Pizza Hut and KFC franchise restaurants; and invests in and manages hotels, resorts, and residences, as well as engages in construction and energy, infrastructure and logistics, and information technology businesses. In addition, the company sells and services motor vehicles; invests in, owns, develops, and manages office and retail properties; operates outlets, including supermarkets, hypermarkets, health and beauty stores, and home furnishings stores. Further, it engages in the automotive dealership business. Additionally, the company invests in digital business, such as Halodoc, a healthtech online ecosystem; Sayurbox, an e-commerce grocery platform; Paxel, a technology-based logistics business; and OLX, a classified used car platform. Jardine Matheson Holdings Limited was founded in 1832 and is based in Hamilton, Bermuda.

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Frequently Asked Questions

Is Jardine Matheson (J36) halal to invest in?

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

Jardine Matheson's debt ratio is 87.3% 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 22.4%.

What are Jardine Matheson's key financial metrics?

Jardine Matheson has a market capitalization of $21.3B, trailing P/E ratio of 19.3, and revenue of $35.8B. The company maintains a gross margin of 27.5% and a net margin of 3.2%. Return on equity stands at 6.1%.

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.