Is MNC (MNCN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 58.6% / 30% | 55.2% / 30% | 117.8% / 30% | 0.59% / 5% | ✗ NOT HALAL |
| DJIM | 58.6% / 33% | 55.2% / 33% | 117.8% / 33% | 0.59% / 5% | ✗ NOT HALAL |
| MSCI | 6.9% / 33% | 6.5% / 33% | 13.9% / 33% | 0.59% / 5% | ✓ HALAL |
| S&P | 58.6% / 33% | 55.2% / 33% | 117.8% / 33% | 0.59% / 5% | ✗ NOT HALAL |
| FTSE | 6.9% / 33% | 6.5% / 33% | 13.9% / 50% | 0.59% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 48.8% | |
| Operating Margin | 12.0% | |
| Net Margin | 11.5% | |
| Return on Equity (ROE) | 4.2% | |
| Return on Assets (ROA) | 3.5% |
Cash Flow & Balance Sheet
| Free Cash Flow | -$295.6B |
| Total Debt | $1.7T |
| Debt-to-Equity | 6.3 |
| Current Ratio | 9.4 |
| Total Assets | $24.6T |
Price & Trading
| Last Close | IDR 212.00 |
| 50-Day MA | IDR 232.84 |
| 200-Day MA | IDR 255.62 |
| Avg Volume | 30.1M |
| Beta | 0.1 |
|
52-Week Range
IDR 200.00
| |
About MNC (MNCN)
PT. Media Nusantara Citra Tbk operates as an integrated media company that produces and distributes various content on television and other platforms in Indonesia. The company operates through Television, Radio, Print and Online Media, Content, and Advertising Agency segments. It owns and operates free-to-air televisions (TV), such as RCTI TV station that offers a range of programs, including drama series, box office movies, sports events, talent search, reality and music shows, anniversary and awards programs, and various infotainments; MNCTV, which offers family drama, animation, sports programs, and variety shows; GTV that focuses on animation, variety shows, reality shows, game shows, and talent search programs; and iNews, which focuses on sports and other factual programs. The company also offers talent management services for singers, presenters, actors, actresses, comedians, chefs, magicians, and influencers; content library for platforms, such as Free to Air, Pay TV, VOD, and OTT; and services related to creating, distributing, managing, and monetization of content, as well as produces drama titles and animation series. In addition, the company operates RCTI +, an entertainment application; Vision+, an entertainment application with video on demand content; StarHits, a digital creator network; Okezone.com, an online news and entertainment portal; SINDOnews, a news portal; iNews.id, a networked news portal; IDXChannel.com, an economic news portal; Celebrities.id, a portal around celebrities and lifestyle; sportstars.id; and ROOV for radio streaming. Further, it is involved in the production of drama and animation series, reality and game shows, and box office films. The company was founded in 1997 and is headquartered in Jakarta Pusat, Indonesia. PT. Media Nusantara Citra Tbk operates as a subsidiary of PT Global Mediacom Tbk.
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Frequently Asked Questions
Is MNC (MNCN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MNC 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 MNC's debt ratio?
MNC's debt ratio is 58.6% 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 6.9%.
What are MNC's key financial metrics?
MNC has a market capitalization of $2.8T, trailing P/E ratio of 3.1, and revenue of $8.0T. The company maintains a gross margin of 48.8% and a net margin of 11.5%. Return on equity stands at 4.2%.
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.