Is M Cash Integrasi Tbk PT halal to invest in?

According to Musaffa's Shariah screening methodology, M Cash Integrasi Tbk PT (MCAS.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 M Cash Integrasi 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 M Cash Integrasi Tbk PT using these criteria to determine its compliance status.

Can Muslims buy shares of M Cash Integrasi Tbk PT?

Muslim investors may consider investing in M Cash Integrasi 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 M Cash Integrasi Tbk PT classified as HALAL?

Musaffa determines the Shariah status of M Cash Integrasi 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 M Cash Integrasi Tbk PT updated?

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

Can a halal stock like M Cash Integrasi 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 M Cash Integrasi Tbk PT?

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

MCAS.JK Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: July 26, 2024

Report Source: 2024 1st Quarter Report

Analyst's Ratings for M Cash Integrasi Tbk PT (MCAS.JK)

Based on 8 analysts giving stock ratings to M Cash Integrasi Tbk PT in the past 3 months

Strong
SellSellHoldBuyStrong
Buy

Strong Buy

Buy

Hold

Sell

Strong Sell

M Cash Integrasi Tbk PT. Stock Analysis MCAS.JK

Indonesia Financials Nano Cap Report: Q1, 2024

PT M Cash Integrasi Tbk engages in providing digital product aggregator and information technology services. The company is headquartered in Jakarta, Dki Jakarta and currently employs 208 full-time employees. The company went IPO on 2017-11-01. The firm's segment includes Digital product and services sales, Digital product aggregator, Digital cloud advertising, Software as a service, Clean energy products and services, Digital wholesale, and Content and entertainment. The firm's products and services include Digital Product distribution, WhatsApp Business, Volta & SGB, Semolis, Super API, Logistic, Digital Cloud Advertising, Pawoon POS, Payment Solution, V2 Indonesia, Digital Wholesale, Content & Entertainment, Digital Kiosk & Locker, MCAS App, Digiresto, FLO Payment System, Smart EDC / Unified Payment System, GOWES Bike Sharing Platform, Restaurants, SRC - O2O, Cloud Kitchen Solution, E-Catalog, MCASH Widget and others. The firm's subsidiaries include PT NFC Indonesia Tbk, PT Telefast Indonesia Tbk, PT DAM Korporindo Digital, PT Anugerah Teknologi Mandiri, and others.

Key Statistics of M Cash Integrasi Tbk PT (MCAS.JK)

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

Today's Range

Rp326.00Rp336.00

Today's Open

Rp328.00

Volume

169.90K

P/E Ratio (TTM)

52 Week Range

Rp318.00Rp1,650.00

Market Cap

464.34B

Avg. Volume

561.27K

Dividend Yield

Financial Metrics & Statements of M Cash Integrasi Tbk PT (MCAS.JK)

FAQ's for M Cash Integrasi Tbk PT (MCAS.JK)

According to Musaffa’s Shariah screening methodology, M Cash Integrasi Tbk PT (MCAS.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.