BBD
Quality Rating
BBD, operating in its industry, demonstrates critical non-compliance with Shariah financial screening criteria primarily due to extraordinarily high debt and liquidity ratios that far exceed all major thresholds, signaling substantial riba exposure typical of conventional financial operations. Although non-permissible income appears low based on available data, the overall financial structure disqualifies it from Shariah-compliant investment. Exclusion from all major Islamic indices reinforces this assessment, with no inclusions across S&P, MSCI, FTSE, or DJIM. A purification rate of 23.04% is recommended for any impure income, though core business concerns persist. Investors are advised to seek fully compliant alternatives in permissible sectors.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Excluded from all major Shariah-compliant indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, and DJIM
Key Compliance Considerations
- Excessive debt ratio of 2309.15% exceeding all thresholds (AAOIFI 30%, MSCI 33.33%, S&P 33%)
- High liquidity ratio of 1494.14% indicating potential interest-bearing assets beyond limits
- Interest income ratio of 23.04% surpassing 5% threshold despite reported compliance status
Debt Ratio
2309.2%
Liquidity Ratio
1494.1%
Interest Income Ratio
23.0%
Purification
23.04%