Telkom Indonesia (Persero) Tbk PT

TLK

Compliant
Exchange
Sector
Headquarters
Group
NYSE
Technology
Indonesia
Large Cap

Telkom Indonesia (Persero) Tbk PT is Shariah Compliant. It passes 4/5 Shariah standards we screen against.

0.29%

Impure Income*

$0.000

Purification*

$0.000

Zakat*

Financials

Market cap Group
Analysts' Rating
Price Target (Mean)
Total Analysts
Revenue Growth
Large Cap
STRONG BUY
2.34%
Operating Margin
Net Profit Margin
Quick Ratio
Current Ratio
EPS Growth
23.25%
16.33%
0.82
0.83
7.96%

Shariah Compliance

Debt
32.82%
✗
Non-Compliant Assets
0.98%
✓
Impure Income
0.29%
✓

AAOIFI Rulebook:

  • Non-compliant Liabilities (like Interest-based Debt) < 30% of Market cap
  • Non-compliant Assets (like Interest-based Investments) < 30% of Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: AAOIFI SS21

Debt
25.65%
✓
Impure Income
0.29%
✓

S&P Sharia Rulebook:

  • Interest-based Debt < 33% of 36-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: S&P Shariah Methodology

Debt
27.81%
✓
Impure Income
0.29%
✓

Dow Jones Islamic Market (DJIM) Rulebook:

  • Interest-based Debt < 33% of 24-mo avg. Market cap
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: DJIM Methodology

Debt
24.83%
✓
Cash
14.74%
✓
Cash & AR
20.64%
✓
Impure Income
0.29%
✓

FTSE Shariah Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 50% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: FTSE RUSSELL

Debt
24.83%
✓
Cash
14.74%
✓
Cash & AR
20.64%
✓
Impure Income
0.29%
✓

MSCI Islamic Rulebook:

  • Interest-based Debt < 33.33% of Total Assets
  • Cash and interest-bearing items < 33.33% of Total Assets
  • Accounts receivable and cash < 33.33% of Total Assets
  • Impure Revenues (incl. Interest Income) < 5% of Total Revenues

Source: MSCI Islamic Indexes

Impure Income Breakdown

-
-
Interest Income
0.29%

Note on Purification and Zakat:

  • Purification and Zakat (for long-term investing) calculations are in USD per share and based on AAOIFI methodology. AAOIFI requires purification every financial period (e.g. quarterly). 
  • If you follow S&P Shariah’s Dividend-only purification, then remove the impure income % from the dividends you receive. No purification required for non-dividend paying stocks, according to S&P Shariah.
  • For Zakat, if you did not invest in a company from a long term perspective, then consider the shares as trading goods and give 2.5% of the total value if a year has passed on them. 

Company Profile

PT Telkom Indonesia (Persero) Tbk is an Indonesia-based telecommunication company. The Company is engaged in information and communication technology (ICT) services and telecommunications networks. Its segments include B2C, B2B Infra, B2B ICT, International, and Others. Its Business to Consumer (B2C) segment, comprises provision of telecommunications services to individual/residential customers, including mobile and fixed broadband services. Business-to-Business ICT (B2B ICT) provides system integration services, information technology services, and digital solutions to corporate and institutional customers. Its Business-to-Business Infrastructure (B2B Infra) offers management, and maintenance of telecommunications infrastructure, including telecommunications towers, fiber optic networks, backbone, data centers, and satellites. Its international Business segment provides international connectivity services and wholesale services to telecommunications operators and customers abroad.

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