Is Sarana Menara (TOWR) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 184.5% / 30% | 3.4% / 30% | 11.6% / 30% | 0.66% / 5% | ✗ NOT HALAL |
| DJIM | 184.5% / 33% | 3.4% / 33% | 11.6% / 33% | 0.66% / 5% | ✗ NOT HALAL |
| MSCI | 67.2% / 33% | 1.3% / 33% | 4.2% / 33% | 0.66% / 5% | ✗ NOT HALAL |
| S&P | 184.5% / 33% | 3.4% / 33% | 11.6% / 33% | 0.66% / 5% | ✗ NOT HALAL |
| FTSE | 67.2% / 33% | 1.3% / 33% | 4.2% / 50% | 0.66% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 91.6% | |
| Operating Margin | 59.1% | |
| Net Margin | 27.6% | |
| Return on Equity (ROE) | 15.9% | |
| Return on Assets (ROA) | 6.3% |
Cash Flow & Balance Sheet
| Free Cash Flow | $4.8T |
| Total Debt | $52.3T |
| Debt-to-Equity | 167.0 |
| Current Ratio | 0.2 |
| Total Assets | $77.8T |
Price & Trading
| Last Close | IDR 498.00 |
| 50-Day MA | IDR 514.86 |
| 200-Day MA | IDR 556.36 |
| Avg Volume | 62.4M |
| Beta | -0.0 |
|
52-Week Range
IDR 442.00
| |
About Sarana Menara (TOWR)
PT Sarana Menara Nusantara Tbk. owns and operates telecommunication towers for wireless operators in Indonesia. It operates in two segments, Tower Rental, and Other Services. The company offers wireline telecommunication services to provide internet broadband and virtual private network; fiber to the home (FTTH) telecommunication services to build and manage fiber optic infrastructure; and very small aperture terminal (VSAT) solution to facilitate telecommunication services using satellite technology to remote locations. It also provides telecommunication equipment trading, construction, and installation services; and system communication data, internet interconnection, cable-free telecommunication, satellite telecommunication, payment, and hosting and related services. In addition, the company owns and rents real estate properties; trades in various goods; and wholesales and retails computer and computer equipment. Further, it engages in management consulting; offers web portals; software publishing; electrical power support and installation; and electric power generation activities. PT Sarana Menara Nusantara Tbk. was founded in 2008 and is headquartered in Kudus, Indonesia.
Related Halal Stocks in Real Estate
Frequently Asked Questions
Is Sarana Menara (TOWR) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Sarana Menara 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 Sarana Menara's debt ratio?
Sarana Menara's debt ratio is 184.5% 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 67.2%.
What are Sarana Menara's key financial metrics?
Sarana Menara has a market capitalization of $28.5T, trailing P/E ratio of 7.3, and revenue of $12.7T. The company maintains a gross margin of 91.6% and a net margin of 27.6%. Return on equity stands at 15.9%.
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.