Telkom Indonesia Persero Tbk PT ADR

TLK: Is Telkom Indonesia Persero Tbk PT ADR Halal?

Telkom Indonesia Persero Tbk PT ADR

NYSECommunication ServicesID

$14.70

-0.27%

Market Cap: 14.5B

Compliance Status

Doubtful

Screened on Sep 3, 2026 · AAOIFI Standard 21

C+

Fair

58Score

Is Telkom Indonesia Persero Tbk PT ADR (TLK) halal? Doubtful. Based on AAOIFI screening, Telkom Indonesia Persero Tbk PT ADR passes the business activity screen but has financial ratios approaching AAOIFI limits with a compliance score of 58/100 (Grade: C+).

Quote this verdict

HalalScreener rates Telkom Indonesia Persero Tbk PT ADR (TLK) Doubtful, 58/100, grade C+ under AAOIFI Standard 21, screened Sep 3, 2026. Source: https://halalscreener.app/en/stock/TLK

Business activity

What the company sells is permissible.

Passed

Company debt

Close to the limit

How much the company borrows, compared to its total value. AAOIFI allows up to 30%.

29.3% of 30.0% limit

What this means for you

You may own TLK, with caution

Its numbers sit close to AAOIFI limits. Cautious investors may prefer alternatives or ask a scholar first.

Purification amount is Pro

We have screened TLK's prohibited income, but the exact share you would need to purify is part of Pro.

About Telkom Indonesia Persero Tbk PT ADR

PT Telekomunikasi Indonesia Tbk (TLK) operates as a global provider of comprehensive telecommunications, information technology, and network services. Its Mobile division delivers core mobile services such as voice calls, text messaging (SMS), and high-speed mobile internet. This segment also offers a range of digital solutions, including mobile financial services, streaming video and music, gaming, Internet of Things (IoT) solutions, big data analytics, and digital advertising. For residential customers, the Consumer segment supplies landline telephone services, fixed-line broadband internet, and digital entertainment options like IPTV (Internet Protocol Television) along with other associated digital content. The Enterprise division caters to businesses, providing a robust ICT (Information and Communication Technology) and digital platform. This encompasses enterprise-level connectivity (e.g., satellite communication), IT services, data center and cloud solutions, and business process outsourcing (BPO). Additionally, it offers services like customer premise equipment (CPE) management and sales, cybersecurity, financial technology, big data services, digital marketing, e-health, managed ATM services, and various professional consultations. Through its Wholesale and International Business segment, the company supports other licensed operators and institutions. Its offerings span wholesale voice, managed services, A2P SMS, IP transit, connectivity solutions, data center and cloud services, security, and a variety of value-added and digital products. It also extends services for mobile network operators (MNOs), mobile virtual network operators (MVNOs), call centers, and provides essential tower and infrastructure leasing. The "Others" segment encompasses various digital services such as platforms, content, and e-commerce, alongside property management. Beyond its core segments, the company engages in a diverse array of activities. These include building management and maintenance, payment processing, business consulting and venture capital, health insurance administration, tourism services, directory information, telecommunications infrastructure construction, and multimedia portal development. It also operates as a civil consultant and developer, and manages office space leasing. As of December 31, 2020, TLK boasted a substantial customer base, with approximately 9.1 million fixed-line subscribers (of which 8.0 million were fixed broadband users) and an impressive 169.5 million cellular subscribers, including 115.9 million utilizing mobile broadband services. With a long history dating back to its founding in 1884, the company's headquarters are located in Bandung, Indonesia.

Sector: Communication Services · Industry: Telecommunications Services

Why This Stock Is Doubtful

  • Debt is 29.3% of market cap, only 0.7 points below the 30% AAOIFI limit

Stocks are marked Doubtful when financial ratios pass but approach AAOIFI thresholds. Consider consulting a qualified scholar for a definitive ruling.

Shariah Compliance Status

AAOIFI Standard 21Updated Sep 3, 2026

Compliance History

  1. Doubtfulnow

    since Aug 2026

  2. Not Halal

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: FY 2025Data source: FMP
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Frequently Asked Questions

Is Telkom Indonesia Persero Tbk PT ADR (TLK) halal to invest in?
Telkom Indonesia Persero Tbk PT ADR (TLK) is rated Doubtful under AAOIFI Standard 21. It passes the business activity screen but one or more financial ratios are approaching (though not yet exceeding) the AAOIFI thresholds (30% for debt and interest deposits, 5% for prohibited income). Consult a qualified Islamic finance scholar for a personal ruling.
Why did Telkom Indonesia Persero Tbk PT ADR get a C+ compliance rating?
Telkom Indonesia Persero Tbk PT ADR (TLK) received a grade of C+ (Fair) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 29.3% (limit 30%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Telkom Indonesia Persero Tbk PT ADR's Shariah verdict?
Telkom Indonesia Persero Tbk PT ADR's verdict is re-evaluated at each annual re-screen. Three events could change it: (1) the debt-to-market-cap ratio crossing 30%, typically from new debt issuance or a major drop in share price; (2) interest-bearing deposits exceeding 30% of market cap; or (3) prohibited revenue (alcohol, gambling, conventional finance, etc.) exceeding 5% of total revenue. Verdict flips are tracked in the compliance history section above.
How often is Telkom Indonesia Persero Tbk PT ADR re-screened for Shariah compliance?
Telkom Indonesia Persero Tbk PT ADR (TLK) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Sep 3, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.