Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

TLK: Is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Halal?

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

NYSECommunication ServicesID

$16.31

-0.31%

Market Cap: 16.1B

Compliance Status

Not Halal

Screened on Jul 18, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) halal? Not Halal. Based on AAOIFI screening, Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk passes the business activity screen but fails financial ratio screens with a compliance score of 0/100 (Grade: F).

Business activity

What the company sells is permissible.

Passed

Company debt

Over the limit

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

519501.3% of 30.0% limit

What this means for you

Most scholars advise not holding TLK

It does not pass AAOIFI Shariah screening.

See halal alternatives from the same sector further down this page

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides telecommunications, informatics, and network services worldwide. The company's Mobile segment offers mobile voice, SMS, and mobile broadband services; and digital services, including financial services, video on demand, music, gaming, IoT, big data analytics, and digital advertising services. Its Consumer segment provides fixed voice and broadband services; and IPTV and related consumer digital services. The company's Enterprise segment offers ICT and digital platform that covers enterprise-grade connectivity services, including satellite, IT services, data center and cloud, and business process outsourcing services, as well as CPE trading and managed, cyber security, financial, big data, digital advertising, e-health, managed ATM, and professional services. Its Wholesale and International Business segment provides wholesale voice, managed, A2P SMS, IP transit and connectivity, data center and cloud, security, and value added and digital services; mobile network operator, mobile virtual network operator, and call center services; and tower and infrastructure services to other licensed operator companies and institutions. The company's Others segment offers digital services, such as digital platform, digital content, and e-commerce; and property management services. The company also provides building management and maintenance services, payment, business management consulting and capital venture, health insurance administration, tourism, directory information, telecommunication construction, and multimedia portal services; acts as a civil consultant and developer; and leases offices. As of December 31, 2020, it had approximately 9.1 million fixed wireline subscribers, including 8.0 million fixed broadband subscribers; and 169.5 million cellular subscribers, including 115.9 million mobile broadband subscribers. The company was founded in 1884 and is headquartered in Bandung, Indonesia.

Sector: Communication Services · Industry: Telecommunications Services

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 18, 2026

Compliance History

Not Halal, unchanged since May 2026.

No status changes recorded since we began tracking.

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

Fiscal: FY 2025Data source: FMP

Halal Alternatives in Communication Services

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Frequently Asked Questions

Is Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) halal to invest in?
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk get a F compliance rating?
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) received a grade of F (Non-Compliant) based on three AAOIFI Standard 21 financial ratios: debt-to-market-cap of 519501.3% (limit 30%); interest-bearing deposits of 247215.8% (limit 30%); prohibited income of 1.13% (limit 5%). The grade reflects the margin of safety across all three ratios relative to their thresholds.
What could change Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's Shariah verdict?
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk'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 Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk re-screened for Shariah compliance?
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (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: Jul 18, 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.