NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Thu, Apr 2 10:16 PM
Non-Compliant

AMC

Quality Rating

B
Minimal compliance quality

AMC Entertainment Holdings, Inc. (AMC) faces significant Shariah compliance challenges primarily due to its exceptionally high debt-to-market capitalization ratio of 658.98% and interest income ratio of 99.97%, far exceeding standard thresholds across AAOIFI, MSCI, and S&P methodologies. The company's core business in movie theater exhibition is generally permissible under Shariah principles, with no major non-compliant revenue streams identified beyond interest-related income. However, financial leverage from pandemic-era borrowings and restructuring renders it non-compliant with quantitative screens. Index providers unanimously exclude AMC due to these metrics, despite a clean business activity profile. Investors requiring purification must deduct nearly all dividends, and alternatives in the entertainment sector should be considered for better alignment.

Purification Required
99.97%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

659.0%

Liquidity Ratio

30.1%

Interest Income Ratio

100.0%

Purification

99.97%