Is Hetzer Medical Indonesia Tbk PT halal to invest in?

According to Musaffa's Shariah screening methodology, Hetzer Medical Indonesia Tbk PT (MEDS.JK) is currently classified as HALAL as of December 2023. 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 Hetzer Medical 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 Hetzer Medical Indonesia Tbk PT using these criteria to determine its compliance status.

Can Muslims buy shares of Hetzer Medical Indonesia Tbk PT?

Muslim investors may consider investing in Hetzer Medical 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 Hetzer Medical Indonesia Tbk PT classified as HALAL?

Musaffa determines the Shariah status of Hetzer Medical 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 Hetzer Medical Indonesia Tbk PT updated?

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

Can a halal stock like Hetzer Medical 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 Hetzer Medical Indonesia Tbk PT?

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

MEDS.JK Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: December 22, 2023

Report Source: 2023 3rd Quarter Report

Hetzer Medical Indonesia Tbk PT. Stock Analysis MEDS.JK

Indonesia Health Care Nano Cap Report: Q3, 2023

PT Hetzer Medical Indonesia engages in production of masks and other medical supplies. The company is headquartered in Cimahi, Jawa Barat and currently employs 16 full-time employees. The company went IPO on 2022-08-10. The firm's business products include medical devices, including variants of masks, stethoscopes, sphygmomanometers, and bouffant caps (head coverings/surgical caps) under the Evo Plusmed brand. Evo Plusmed manufactures masks with four-dimensional (4D) designs in Indonesia. The firm offers masks, such as Evo Plusmed 4D Sparks 4 Ply, Evo Plusmed 4D Colorful 3 Ply, Evo Plusmed 4D White 3 Ply, Evo Plusmed 4D Pon 4 Ply, Evo Plusmed 4D 5 Ply, Evo Plusmed 4D Hijab 3 Ply, Evo Mask for Kids among others. Its Sphygmomanometer products include Evo Plusmed Quantum Wall Aneroid, Evo Plusmed Quantum Mobile Aneroid, Evo Plusmed Quantum Desk Aneroid, and Evo Plusmed Colorful Aneroid. Its Stethoscope products include Evo Plusmed Cardiology Stethoscope, Evo Plusmed Classic Stethoscope, Evo Plusmed Stylo Stethoscope, and Evo Plusmed Colorful Stethoscope.

Key Statistics of Hetzer Medical Indonesia Tbk PT (MEDS.JK)

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

Today's Range

Rp78.00Rp84.00

Today's Open

Rp77.00

Volume

52.75M

P/E Ratio (TTM)

52 Week Range

Rp50.00Rp113.00

Market Cap

123.44B

Avg. Volume

75.99M

Dividend Yield

Financial Metrics & Statements of Hetzer Medical Indonesia Tbk PT (MEDS.JK)

FAQ's for Hetzer Medical Indonesia Tbk PT (MEDS.JK)

According to Musaffa’s Shariah screening methodology, Hetzer Medical Indonesia Tbk PT (MEDS.JK) is currently classified as HALAL as of December 2023. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.