As of August 2026, Merdeka Copper Gold Tbk PT is classified as not halal.
NOT HALAL
Report Source: undefined Quarter Report
Merdeka Copper Gold Tbk PT. Stock Analysis PMCGF
United States Materials Mid Cap
PT Merdeka Copper Gold Tbk is a holding company, which engages in the mining, exploration, and production of gold, silver, copper, and other related minerals. The company is headquartered in Jakarta Selatan, Dki Jakarta and currently employs 9,557 full-time employees. The company went IPO on 2015-06-19. The firm is engaged in the exploration, extraction and processing of minerals, including copper, gold, and nickel. The Company’s businesses include Tujuh Bukit Gold Mine, Merdeka Battery Materials, Wetar Copper Mine, Pani Gold Mine, and Tujuh Bukit Copper Project. The Tujuh Bukit Gold Mine is located in Banyuwangi, East Java, this flagship asset is a conventional open pit mine utilizing heap leach processing. The Tujuh Bukit Copper Project is located below the Tujuh Bukit Gold Mine, this project is an undeveloped copper-gold porphyry deposit, with resources estimated at over 8.2 million tons of contained copper and 27.9 million ounces of contained gold. The Wetar Copper Mine directly produces and exports copper cathode. The mine is operated by PT Batutua Kharisma Permai, which holds the mining license, and PT Batutua Tembaga Raya, which holds the industrial license to process ore into copper cathodes.
As of August 2026, Merdeka Copper Gold Tbk PT PMCGF 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 Merdeka Copper Gold Tbk PT using these criteria to determine its compliance status.
Muslim investors may consider investing in Merdeka Copper Gold 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 Merdeka Copper Gold 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 Merdeka Copper Gold 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 Merdeka Copper Gold Tbk PT on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
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