PT. Indika Energy Tbk (INDY.JK) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.
⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.
Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. INDY.JK files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: cleared (no excluded categories detected)
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 135.51% | 30.00% | Fail |
| Interest-bearing investments | 66.02% | 30.00% | Fail |
| Non-permissible income | 0.88% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 37.28% | 33.00% | Fail |
| Interest-bearing investments | 18.16% | 33.00% | Pass |
| Non-liquid assets | 71.22% | at least 20.00% | Pass |
| Non-permissible income | 0.88% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 37.28% | 33.33% | Fail |
| Cash + interest-bearing securities | 18.16% | 33.33% | Pass |
| Accounts receivable | 28.78% | 33.33% | Pass |
| Non-permissible income | 0.88% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 37.28% | 33.33% | Fail |
| Cash + interest-bearing securities | 18.16% | 33.33% | Pass |
| Accounts receivable | 28.78% | 50.00% | Pass |
| Non-permissible income | 0.88% | 5.00% | Pass |
Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 187.39% | 33.00% | Fail |
| Cash + interest-bearing securities | 91.30% | 33.00% | Fail |
| Accounts receivable | 53.36% | 33.00% | Fail |
| Non-permissible income | 0.88% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 205.50% | 33.00% | Fail |
| Cash + interest-bearing securities | 100.12% | 49.00% | Fail |
| Accounts receivable | 58.52% | 49.00% | Fail |
| Non-permissible income | 0.88% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 205.50% | 33.33% | Fail |
| Cash + interest-bearing securities | 100.12% | 33.33% | Fail |
| Accounts receivable | 158.64% | 49.00% | Fail |
| Non-permissible income | 0.88% | 5.00% | Pass |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
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Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 55.30 | NEUTRAL |
| Stochastic %K (14) | 33.85 | NEUTRAL |
| CCI (20) | 63.49 | NEUTRAL |
| Williams %R (14) | -66.15 | NEUTRAL |
| MACD (12,26,9) | 4.39 | BUY |
| ROC (10) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| EMA (10) | 2833.89 | SELL |
| SMA (10) | 2826.00 | BUY |
| EMA (20) | 2758.57 | BUY |
| SMA (20) | 2747.00 | BUY |
| EMA (30) | 2694.57 | BUY |
| SMA (30) | 2681.33 | BUY |
| EMA (50) | 2629.07 | BUY |
| SMA (50) | 2519.60 | BUY |
| EMA (100) | 2635.10 | BUY |
| SMA (100) | 2601.90 | BUY |
| EMA (200) | 2668.63 | BUY |
| SMA (200) | 2780.77 | BUY |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Energy · Thermal Coal
PT. Indika Energy Tbk operates as an integrated energy company in Indonesia. The company operates through Energy Resources, Energy Services, Energy Infrastructure, and Other Portfolio segments. It provides procurement of electricity, gas, steam, hot water, and air; consultation services related to solar power installation projects; operation and maintenance of electricity installation; leasing of solar power plant or electricity installation; IPP solar power plant related activities; owns and operates coal-fired power plant in Cirebon, West Java; and produces coal. The company also involved in the mining, logistic, engineering, procurement, construction, and services in the coal, and oil and gas sectors; bauxite mining; manufacturing business of wheels vehicles, batteries, medical equipment, pharmaceutical drug, and other healthcare supporting service; and retail trading business for two-wheeler motor vehicle and its spare parts or accessories. In addition, it provides transportation, port operation, and related services; and management, logistics, maintenance, and management consultancy service. Further, the company is involved in the investment, general trading, marketing, financing, coal and mineral trading, agriculture, plantation and farming, printing, and workshop activities; and development, construction, and trading of real estate, as well as consultancy services for construction, industry, and infrastructure. Additionally, it provides stevedoring, business and management consultancy, gold mining, information and communication, manpower, travelling agency, insurance, vehicle repair maintenance, transportation and selling of metal mineral commodities, rental and leasing, waste management, and digital technology services, as well as professional, scientific, and technical services. The company was founded in 2000 and is headquartered in Jakarta, Indonesia.
Background via Yahoo Finance — informational, not part of the verdict.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-01 · Asset managers net 934180 (-19048)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.