Is Semen Indonesia (SMGR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 60.5% / 30% | 20.8% / 30% | 28.5% / 30% | 0.72% / 5% | ✗ NOT HALAL |
| DJIM | 60.5% / 33% | 20.8% / 33% | 28.5% / 33% | 0.72% / 5% | ✗ NOT HALAL |
| MSCI | 14.1% / 33% | 4.8% / 33% | 6.7% / 33% | 0.72% / 5% | ✓ HALAL |
| S&P | 60.5% / 33% | 20.8% / 33% | 28.5% / 33% | 0.72% / 5% | ✗ NOT HALAL |
| FTSE | 14.1% / 33% | 4.8% / 33% | 6.7% / 50% | 0.72% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 19.7% | |
| Operating Margin | 3.9% | |
| Net Margin | 0.3% | |
| Return on Equity (ROE) | 0.4% | |
| Return on Assets (ROA) | 1.0% |
Cash Flow & Balance Sheet
| Free Cash Flow | $2.8T |
| Total Debt | $10.9T |
| Debt-to-Equity | 23.0 |
| Current Ratio | 1.1 |
| Total Assets | $77.0T |
Price & Trading
| Last Close | IDR 2,580.00 |
| 50-Day MA | IDR 2,695.00 |
| 200-Day MA | IDR 2,694.45 |
| Avg Volume | 16.2M |
| Beta | 0.4 |
|
52-Week Range
IDR 2,070.00
| |
About Semen Indonesia (SMGR)
PT Semen Indonesia (Persero) Tbk manufactures, packs, and distributes cement in Indonesia and internationally. It operates through Cement Production and Non-Cement Production segments. The company is also involved in limestone and clay mining; cement bag manufacturing; industrial real estate development and building rental; ready-mix concrete and aggregates quarry production; and mining, trading, transportation, consulting, and construction activities. In addition, it engages in the information system, investment, freight forwarding, stevedoring, sea transportation service, logistic management, and outsourcing businesses, as well as procures public goods and services. The company was formerly known as PT Semen Gresik (Persero) Tbk and changed its name to PT Semen Indonesia (Persero) Tbk in January 2013. PT Semen Indonesia (Persero) Tbk was founded in 1953 and is headquartered in Jakarta Selatan, Indonesia. PT Semen Indonesia (Persero) Tbk operates as a subsidiary of Pt. Biro Klasifikasi Indonesia (Persero).
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Frequently Asked Questions
Is Semen Indonesia (SMGR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Semen Indonesia 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 Semen Indonesia's debt ratio?
Semen Indonesia's debt ratio is 60.5% 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 14.1%.
What are Semen Indonesia's key financial metrics?
Semen Indonesia has a market capitalization of $16.9T, trailing P/E ratio of 147.1, and revenue of $36.2T. The company maintains a gross margin of 19.7% and a net margin of 0.3%. Return on equity stands at 0.4%.
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.