Is Perusahaan Gas (PGAS) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 0.0% / 30% | 0.0% / 30% | 1.73% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 0.0% / 33% | 0.0% / 33% | 1.73% / 5% | ✓ HALAL |
| MSCI | 19.8% / 33% | 21.6% / 33% | 6.0% / 33% | 1.73% / 5% | ✓ HALAL |
| S&P | 0.0% / 33% | 0.0% / 33% | 0.0% / 33% | 1.73% / 5% | ✓ HALAL |
| FTSE | 19.8% / 33% | 21.6% / 33% | 6.0% / 50% | 1.73% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 17.5% | |
| Operating Margin | 13.4% | |
| Net Margin | 5.4% | |
| Return on Equity (ROE) | 9.5% | |
| Return on Assets (ROA) | 5.2% |
Cash Flow & Balance Sheet
| Free Cash Flow | $449M |
| Total Debt | $1.1B |
| Debt-to-Equity | 30.5 |
| Current Ratio | 1.8 |
| Total Assets | $6.2B |
Price & Trading
| Last Close | IDR 1,865.00 |
| 50-Day MA | IDR 2,142.70 |
| 200-Day MA | IDR 1,829.30 |
| Avg Volume | 56.2M |
| Beta | -0.1 |
|
52-Week Range
IDR 1,425.00
| |
About Perusahaan Gas (PGAS)
PT Perusahaan Gas Negara Tbk, together with its subsidiaries, engages in the transmission and distribution of natural gas in Indonesia. It operates through three segments: Trading and Transmission, Exploration and Production of Oil and Gas, and Other Operations. The company is involved in the trading and transmission of oil and gas; processing of liquefied natural gas (LNG) to industrial, commercial and household customers; and trading of LNG and natural gas. It also engages in exploration, exploitation, and business development in oil and gas; provision of fiber optic for network services, as well as construction and maintenance services to customers and management; management and leasing buildings and equipment; and distribution of oil and natural gas. In addition, the company provides telecommunication, engineering, consultancy and services. The company was formerly known as PT Perusahaan Gas Negara (Persero) Tbk and changed its name to PT Perusahaan Gas Negara Tbk in June 2018. The company was founded in 1859 and is headquartered in Jakarta, Indonesia. PT Perusahaan Gas Negara Tbk is a subsidiary of PT Pertamina (Persero).
Purification Calculator
As a halal stock with 1.73% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is Perusahaan Gas (PGAS) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Perusahaan Gas is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Perusahaan Gas's debt ratio?
Perusahaan Gas's debt ratio is 0.0% 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 19.8%.
Does Perusahaan Gas require dividend purification?
Yes, Perusahaan Gas has an impermissible income ratio of 1.73%, which means 1.73% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are Perusahaan Gas's key financial metrics?
Perusahaan Gas has a market capitalization of $44.5T, trailing P/E ratio of 11.8, and revenue of $4.0B. The company maintains a gross margin of 17.5% and a net margin of 5.4%. Return on equity stands at 9.5%.
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.