Indo Kordsa Tbk PT PTNKF
PTNKF Shariah Compliance
Screening Methodology: AAOIFI
As of August 2026, Indo Kordsa Tbk PT is classified as halal.
HALAL
Report Source: undefined Quarter Report
Indo Kordsa Tbk PT. Stock Analysis PTNKF
United States Consumer Discretionary Micro Cap PT Indo Kordsa Tbk engages in the manufacture and marketing of tire cord, fabric, yarn, filaments, and raw materials of polyester. The company is headquartered in Bogor, Jawa Barat and currently employs 1,503 full-time employees. The company sells its products to domestic and international markets. The firm operates through three segments: Tyre cord fabric, Nylon yarn and Polyester yarn. The firm produces Nylon 66 and Polyester HMLS yarn for cord fabric production. The company processes Nylon 66 and Polyester HMLS yarn to produce cord fabric, which lends tires strength and flexibility. The company also produces the single end cord of synthetic yarns such as nylon, polyester, aramid, rayon, and yarns containing natural fibers which are used in hoses, air springs, and V belts. The Company’s subsidiaries include PT Indo Kordsa Polyester (IKP), which is engaged in the polyester tire yarn industry and Thai Indo Kordsa Co., Ltd. (TIK), which is engaged in the tire cord fabric industry.
Indo Kordsa Tbk PT (PTNKF) Chart
Financial Metrics & Statements of Indo Kordsa Tbk PT (PTNKF)
FAQ's for Indo Kordsa Tbk PT (PTNKF)
- As of August 2026, Indo Kordsa Tbk PT PTNKF is classified as 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 Indo Kordsa Tbk PT using these criteria to determine its compliance status.
- Muslim investors may consider investing in Indo Kordsa 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 Indo Kordsa 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 Indo Kordsa 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 Indo Kordsa Tbk PT on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.
Related Halal Stocks to Indo Kordsa Tbk PT (PTNKF)
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