Is Goodyear Indonesia Tbk PT halal to invest in?

According to Musaffa's Shariah screening methodology, Goodyear Indonesia Tbk PT (GDYR.JK) is currently classified as HALAL as of July 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Goodyear Indonesia Tbk PT a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Goodyear Indonesia Tbk PT using these criteria to determine its compliance status.

Can Muslims buy shares of Goodyear Indonesia Tbk PT?

Muslim investors may consider investing in Goodyear Indonesia Tbk PT if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Goodyear Indonesia Tbk PT classified as HALAL?

Musaffa determines the Shariah status of Goodyear Indonesia Tbk PT by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Goodyear Indonesia Tbk PT updated?

The Shariah compliance status of Goodyear Indonesia Tbk PT may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Goodyear Indonesia Tbk PT become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Goodyear Indonesia Tbk PT?

You can check the latest Shariah compliance status of Goodyear Indonesia Tbk PT on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

GDYR.JK Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 30, 2024

Report Source: 2024 1st Quarter Report

Goodyear Indonesia Tbk PT. Stock Analysis GDYR.JK

Indonesia Consumer Discretionary Nano Cap Report: Q1, 2024

PT Goodyear Indonesia Tbk engages in manufacturing and wholesale trading of tire for automobiles, airplanes and its related components. The company is headquartered in Bogor, Jawa Barat and currently employs 799 full-time employees. The firm manufactures, exports, imports and markets tires, inner tubes, flaps, and rubber derivative products. The firm is engaged in the automotive tire manufacturing industry in a wide range of markets, such as the large fleet and original equipment (OE) segments. There are two market segments of the Company's product categories, which are passenger vehicle tires and commercial vehicle tires. Its consumer tires include Eagle F1 Asymmetric 3 with Grip Booster Technology, NEW Assurance ComforTred, Assurance Maxguard SUV with Hydrogrip Technology, Eagle F1 Sport with Eagle Claw Technology, and Wrangler AT SilentTrac with Durawall Technology. The firm's commercial tires include HM G2020 HD, HM S&G HD, S501, OFFROAD 601, OMNITRAC S701, and OMNITRAC D701.

Key Statistics of Goodyear Indonesia Tbk PT (GDYR.JK)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

Rp1,110.00Rp1,130.00

Today's Open

Rp1,115.00

Volume

2300.00

P/E Ratio (TTM)

10.44

52 Week Range

Rp880.00Rp1,485.00

Market Cap

428.45B

Avg. Volume

419.77K

Dividend Yield

Financial Metrics & Statements of Goodyear Indonesia Tbk PT (GDYR.JK)

FAQ's for Goodyear Indonesia Tbk PT (GDYR.JK)

According to Musaffa’s Shariah screening methodology, Goodyear Indonesia Tbk PT (GDYR.JK) is currently classified as HALAL as of July 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.