Is Transurban (TCL) Halal?

ASX Industrials Australia $43.9B
✗ NOT HALAL
Confidence: 90/100
Transurban (TCL) is Not Halal under AAOIFI Standard 21. The company's debt ratio of 47.6% exceeds the 30% threshold, indicating excessive interest-bearing debt relative to market capitalization. Transurban operates in the Industrials sector.

Shariah Screening — 5 Standards

Based on financial data from June 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 47.6%
/ 30%
3.9%
/ 30%
0.8%
/ 30%
4.54%
/ 5%
✗ NOT HALAL
DJIM 47.6%
/ 33%
3.9%
/ 33%
0.8%
/ 33%
4.54%
/ 5%
✗ NOT HALAL
MSCI 59.2%
/ 33%
4.9%
/ 33%
1.1%
/ 33%
4.54%
/ 5%
✗ NOT HALAL
S&P 47.6%
/ 33%
3.9%
/ 33%
0.8%
/ 33%
4.54%
/ 5%
✗ NOT HALAL
FTSE 59.2%
/ 33%
4.9%
/ 33%
1.1%
/ 50%
4.54%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
93.8
Forward: 63.4
EPS
$0.15
Dividend Yield
483.0%
Payout: 435.1%
P/B Ratio
5.0
EV/EBITDA
28.1
EV: $63.4B
Revenue
$3.8B
Growth: 8.2%
Beta
0.5
Low volatility
Current Ratio
0.7

Profitability

Gross Margin 60.6%
Operating Margin 35.6%
Net Margin 12.2%
Return on Equity (ROE) 5.4%
Return on Assets (ROA) 2.1%

Cash Flow & Balance Sheet

Free Cash Flow$608M
Total Debt$21.1B
Debt-to-Equity225.1
Current Ratio0.7
Total Assets$35.6B

Price & Trading

Last CloseAUD 13.96
50-Day MAAUD 14.03
200-Day MAAUD 14.22
Avg Volume4.2M
Beta0.5
52-Week Range
AUD 13.15
AUD 15.25

About Transurban (TCL)

CEO
Ms. Michelle Nicole Jablko B.Ec (Hons), BECON, L.L.B., LLB (Hons)
Employees
4,100
Sector
Industrials
Industry
Infrastructure Operations
Country
Australia
Exchange
ASX
Market Cap
$43.9B
Currency
AUD

Transurban Group, together with its subsidiaries, engages in the development, operation, management, and maintenance of toll road networks in Australia and North America. The company operates 22 toll roads in Melbourne, Sydney, and Brisbane in Australia; the Greater Washington, the United States; and Montreal, Canada. Transurban Group was founded in 1996 and is based in Docklands, Australia.

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Frequently Asked Questions

Is Transurban (TCL) halal to invest in?

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

Transurban's debt ratio is 47.6% 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 59.2%.

What are Transurban's key financial metrics?

Transurban has a market capitalization of $43.9B, trailing P/E ratio of 93.8, and revenue of $3.8B. The company maintains a gross margin of 60.6% and a net margin of 12.2%. Return on equity stands at 5.4%.

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.