NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Fri, May 1 06:56 PM
Non-Compliant

BOOM

Quality Rating

B
Minimal compliance quality

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
1.24%
moderate

Moderate purification required - consider carefully

Index Inclusion

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

Key Compliance Considerations

Debt Ratio

47.5%

Liquidity Ratio

10.0%

Interest Income Ratio

1.2%

Purification

1.24%