Is Wijaya Karya (WIKA) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 436.9% / 30% | 41.3% / 30% | 65.9% / 30% | 0.4% / 5% | ✗ NOT HALAL |
| DJIM | 436.9% / 33% | 41.3% / 33% | 65.9% / 33% | 0.4% / 5% | ✗ NOT HALAL |
| MSCI | 55.9% / 33% | 5.3% / 33% | 8.4% / 33% | 0.4% / 5% | ✗ NOT HALAL |
| S&P | 436.9% / 33% | 41.3% / 33% | 65.9% / 33% | 0.4% / 5% | ✗ NOT HALAL |
| FTSE | 55.9% / 33% | 5.3% / 33% | 8.4% / 50% | 0.4% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 7.7% | |
| Operating Margin | -6.7% | |
| Net Margin | -39.4% | |
| Return on Equity (ROE) | -52.4% | |
| Return on Assets (ROA) | -3.1% |
Cash Flow & Balance Sheet
| Free Cash Flow | -$1.6T |
| Total Debt | $35.5T |
| Debt-to-Equity | 387.4 |
| Current Ratio | 1.6 |
| Total Assets | $63.6T |
Price & Trading
| Last Close | IDR 204.00 |
| 50-Day MA | IDR 204.00 |
| 200-Day MA | IDR 204.00 |
| Avg Volume | 0 |
| Beta | 0.2 |
|
52-Week Range
IDR 199.00
| |
About Wijaya Karya (WIKA)
PT Wijaya Karya (Persero) Tbk operates as an integrated construction company in Indonesia and internationally. It operates through Infrastructure and Building, Energy and Industrial Plant, Industry, Realty and Property, and Investment segments. The Infrastructure and Building segment provides civil construction services, such as construction of commercial facilities and infrastructure, including roads, bridges, seaports, airports, jetty, and residential construction. Its Energy and Industrial Plant segment is involved in energy; engineering, procurement and construction; and operations and maintenance of the power plants; and invests in electricity sector. The Industry segment produces precast concrete and other supporting services, such as piles, girders, railroad sleepers, steel construction, automotive spare parts, energy conversion products, and the mining industry. It's Realty and Property segment offers landed housing, as well as high rise buildings, such as hotels, buildings, and condotel management. The Investment segment engages in the activities on toll roads operation from concession assets. The company was founded in 1960 and is headquartered in Jakarta, Indonesia.
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Frequently Asked Questions
Is Wijaya Karya (WIKA) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Wijaya Karya 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 Wijaya Karya's debt ratio?
Wijaya Karya's debt ratio is 436.9% 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 55.9%.
What are Wijaya Karya's key financial metrics?
Wijaya Karya has a market capitalization of $8.1T, and revenue of $19.2T. The company maintains a gross margin of 7.7% and a net margin of -39.4%. Return on equity stands at -52.4%.
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.