Is Multi Medika Internasional Tbk PT halal to invest in?

According to Musaffa's Shariah screening methodology, Multi Medika Internasional Tbk PT (MMIX.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 Multi Medika Internasional 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 Multi Medika Internasional Tbk PT using these criteria to determine its compliance status.

Can Muslims buy shares of Multi Medika Internasional Tbk PT?

Muslim investors may consider investing in Multi Medika Internasional 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 Multi Medika Internasional Tbk PT classified as HALAL?

Musaffa determines the Shariah status of Multi Medika Internasional 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 Multi Medika Internasional Tbk PT updated?

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

Can a halal stock like Multi Medika Internasional 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 Multi Medika Internasional Tbk PT?

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

MMIX.JK Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: December 19, 2023

Report Source: 2023 3rd Quarter Report

Multi Medika Internasional Tbk PT. Stock Analysis MMIX.JK

Indonesia Health Care Micro Cap Report: Q3, 2023

PT Multi Medika Internasional Tbk engages in the business of distributing healthcare products. The company is headquartered in Jakarta Barat, Dki Jakarta and currently employs 139 full-time employees. The company went IPO on 2022-12-06. The company is engaged in wholesale trading of laboratory equipment, pharmaceutical equipment and medical devices for humans, leasing intellectual property without option rights-not copyrights, wholesale trade in food and other beverages, wholesale trade in other agricultural foodstuffs and beverages, wholesale trade in foodstuffs and beverages from other livestock and fisheries products, and wholesale trade in non-dairy non-alcoholic drinks. Its product portfolio includes MIUBaby, Miutiss, MIU Mask, MIU Health Care, Indomaret Product, Alfamart Alfamidi, and Justice League. Its MIU MASK product is a practical and waterproof multifunctional daily mask, made of three layers of Non-Woven and Melt blown layers. Its MIU health care products include hazmat suits, surgical gowns, antigen kits, oximeter and others. The company offers face masks under the INDOMARET brand. Its Justice League brand offers face masks, and air patch aromatherapy.

Key Statistics of Multi Medika Internasional Tbk PT (MMIX.JK)

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

Today's Range

Rp300.00Rp318.00

Today's Open

Rp300.00

Volume

6.98M

P/E Ratio (TTM)

274.91

52 Week Range

Rp60.50Rp360.00

Market Cap

888.08B

Avg. Volume

8.69M

Dividend Yield

Financial Metrics & Statements of Multi Medika Internasional Tbk PT (MMIX.JK)

FAQ's for Multi Medika Internasional Tbk PT (MMIX.JK)

According to Musaffa’s Shariah screening methodology, Multi Medika Internasional Tbk PT (MMIX.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.