SPINDO Wins Best Stock Sharia Award 2025

PT STEEL PIPE INDUSTRY OF INDONESIA Tbk (SPINDO) has once again made a proud achievement in the Indonesian capital market. At the Best Sharia Awards 2025 event organized by Investortrust and Infovesta Utama, SPINDO won the “Best Stock Sharia – Raw Materials Sector in Middle Cap (Rp 1 Trillion – Rp 25 Trillion)” award.

SPINDO's Commitment to Sustainability and Governance


This achievement reflects SPINDO's commitment to maintaining sound financial performance, good corporate governance, and support for ethical and sustainable business practices.

As one of the largest steel pipe manufacturers in Indonesia, SPINDO demonstrates that fundamental stability and sustainability values can go hand in hand with share price growth in the capital market.

Recognition for Sharia Issuer Performance

The Best Sharia Awards recognize public companies and financial institutions that demonstrate outstanding performance and compliance with sharia principles. SPINDO is one of the companies that has successfully maintained the trust of sharia investors through solid and transparent stock performance in the Middle Cap segment.

About the Best Sharia Awards


The Best Sharia Awards is an annual award program initiated by Investortrust and Infovesta Utama to recognize the performance of public companies, mutual funds, and financial institutions that operate based on sharia principles.

The assessment is conducted through a combination of quantitative and qualitative analysis, covering financial performance, stock stability, compliance with sharia regulations, and future growth prospects.

Conclusion


The Best Sharia Stock Award 2025 is proof that SPINDO excels not only in production and business, but also in maintaining integrity, sustainability, and compliance with sharia principles.

With a spirit of innovation and good governance, SPINDO continues to strengthen its role as a national steel issuer that contributes to a sustainable economy in Indonesia.