Is Green Power Group Tbk PT halal to invest in?

According to Musaffa's Shariah screening methodology, Green Power Group Tbk PT (LABA.JK) is currently classified as HALAL as of September 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 Green Power Group 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 Green Power Group Tbk PT using these criteria to determine its compliance status.

Can Muslims buy shares of Green Power Group Tbk PT?

Muslim investors may consider investing in Green Power Group 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 Green Power Group Tbk PT classified as HALAL?

Musaffa determines the Shariah status of Green Power Group 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 Green Power Group Tbk PT updated?

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

Can a halal stock like Green Power Group 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 Green Power Group Tbk PT?

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

LABA.JK Shariah Compliance

Screening Methodology: AAOIFI

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Last Updated: September 04, 2024

Report Source: 2024 2nd Quarter Report

Green Power Group Tbk PT. Stock Analysis LABA.JK

Indonesia Materials Nano Cap Report: Q2, 2024

PT Green Power Group Tbk engages in the business of trading, distributing, and processing steel products and their derivatives. The company is headquartered in Bekasi, Jawa Barat and currently employs 16 full-time employees. The company went IPO on 2021-06-10. The Company’s products include Battery Pack LI6427EC, Battery Pack LI4827EC, Battery Pack LI6421VT, BMS BM20S40AE, BMS BM20S40AV, Battery Station Cabinet Series GPEXC, Energy Storage System (ESS), and Molding. Battery Pack LI6427EC uses a prismatic battery cell, with a capacity of 1.72 kwh. Battery Pack LI4827EC uses a prismatic battery cell, with a capacity of 1.29 kwh. Battery Pack LI6421VT uses a prismatic battery cell, with a capacity of 1.34 kwh. BMS BM20S40AE uses a 20 series battery cell, 40A discharge rate RS485. BMS BM20S40AV uses a 20 series battery cell, 40A discharge rate Uart. The firm also produces or manufactures mold base, custom mold, modification and repair services.

Key Statistics of Green Power Group Tbk PT (LABA.JK)

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

Today's Range

Rp107.00Rp110.00

Today's Open

Rp108.00

Volume

2.20M

P/E Ratio (TTM)

52 Week Range

Rp97.00Rp366.00

Market Cap

143.44B

Avg. Volume

6.73M

Dividend Yield

Financial Metrics & Statements of Green Power Group Tbk PT (LABA.JK)

FAQ's for Green Power Group Tbk PT (LABA.JK)

According to Musaffa’s Shariah screening methodology, Green Power Group Tbk PT (LABA.JK) is currently classified as HALAL as of September 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.