BLBX
Quality Rating
BLBX demonstrates strong performance in debt and liquidity ratios but fails due to elevated interest income exceeding permissible thresholds across all major Shariah screening standards. The company's core activities in its industry appear permissible, with no identified non-compliant business segments. However, the 16.36% interest income ratio disqualifies it from Shariah compliance under global and regional authorities. Index exclusions confirm non-compliance, though purification is required for any dividends received. Overall, investors should monitor for improvements in income diversification.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in any major Shariah-compliant indices
Key Compliance Considerations
- Interest income ratio of 16.36% exceeds the 5% threshold across AAOIFI, MSCI, and S&P standards
- Potential ancillary financial activities contributing to non-permissible income
Debt Ratio
5.7%
Liquidity Ratio
1.1%
Interest Income Ratio
16.4%
Purification
16.36%