BOOM
Quality Rating
This report evaluates the Shariah compliance of BOOM, a company in its industry, based on financial ratios, business activities, index inclusions, and multi-perspective analyses. The primary concern is the high debt ratio exceeding all major thresholds, leading to non-compliance despite passing income-related screens. No non-compliant business activities were identified, and ESG factors show medium risk with resolved environmental issues. Overall, the stock is classified as non-compliant due to absence from Shariah indices, though purification is minimal at 1.24%. Investors should monitor debt reduction efforts for potential future compliance.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)
Key Compliance Considerations
- High debt ratio of 47.54% exceeds AAOIFI (30%), MSCI (33.33%), and S&P (33%) thresholds
- Exclusion from all major Shariah indices due to financial leverage
Debt Ratio
47.5%
Liquidity Ratio
10.0%
Interest Income Ratio
1.2%
Purification
1.24%