Is Indika Energy Tbk PT halal to invest in?

As of September 2026, Indika Energy Tbk PT I41.SG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Indika Energy 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 Indika Energy Tbk PT using these criteria to determine its compliance status.

Can Muslims buy shares of Indika Energy Tbk PT?

Muslim investors may consider investing in Indika Energy 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 Indika Energy Tbk PT classified as NOT HALAL?

Musaffa determines the Shariah status of Indika Energy 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 Indika Energy Tbk PT updated?

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

Can a halal stock like Indika Energy 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 Indika Energy Tbk PT?

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

Is Indika Energy Tbk PT Stock Halal?

Shariah Compliance Analysis of I41.SG Stock

Germany Energy Small Cap

No. As of September 2026, Indika Energy Tbk PT (I41.SG) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. Indika Energy Tbk PT does not pass Musaffa's business and financial screening criteria.

PT Indika Energy Tbk engages in the coal mining business. The company is headquartered in Jakarta Selatan, Dki Jakarta and currently employs 2,539 full-time employees. The company went IPO on 2008-06-11. Its segments include energy and other portfolio holdings. The energy segment includes energy resources and energy infrastructure. The other portfolio holdings segment includes logistics and infrastructure, minerals, green business, digital ventures. Its energy business focuses on the exploration, production, processing, energy services and electricity generation. Its logistics and infrastructure business focuses on energy sector spectrum, including roads, ports, and barges to transport the raw materials to both domestic and international power producers. Its minerals business is engaged in the development of the mineral sector, such as gold mining. Its green businesses are diversified into renewable energy, electric vehicle mobility, and nature-based solutions. Its digital ventures business is engaged in the digital space with online platforms for work and other interactions.

Indika Energy Tbk PT I41.SG

€0.13 €0.00 (0.78%) 1D

Last Updated: Sep 11, 12:00 AM·XSTU

Pricing for DE stocks is delayed by 24 hours

I41.SG Shariah Compliance

Screening Methodology: AAOIFI

As of September 2026, Indika Energy Tbk PT is classified as not halal.

NOT HALAL

Report Source: undefined Quarter Report

Indika Energy Tbk PT (I41.SG) Chart

Financial Metrics & Statements of Indika Energy Tbk PT (I41.SG)

FAQ's for Indika Energy Tbk PT (I41.SG)

As of September 2026, Indika Energy Tbk PT I41.SG is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Indika Energy Tbk PT using these criteria to determine its compliance status.
Muslim investors may consider investing in Indika Energy 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.
Musaffa determines the Shariah status of Indika Energy Tbk PT by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Indika Energy Tbk PT may be updated periodically when new financial statements, earnings reports, or business activity information become available.
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.
You can check the latest Shariah compliance status of Indika Energy Tbk PT on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Alternate Halal Stocks for Indika Energy Tbk PT (I41.SG)

Related Halal Stocks are Shariah-compliant companies that align with Islamic investment principles, avoiding prohibited industries like alcohol, gambling, and interest-based finance.

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Verbio SE VBK.DE	€31.07	1.62%	€1.85B	Unlock
Friedrich Vorwerk Group SE VH2.DE	€69.34	0.80%	€1.36B	Unlock
H2APEX Group SCA H2A.DE	€1.19	3.03%	€52.16M	Unlock