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Mon, Apr 13 06:57 PM
Non-Compliant

BRLS

Quality Rating

B
Minimal compliance quality

BRLS, operating in its industry, fails key financial screening criteria primarily due to a debt ratio of 35.76%, exceeding thresholds across AAOIFI, MSCI, and S&P standards. While liquidity and income ratios are compliant, the high debt level results in non-inclusion in major Shariah indices. Business activities are assumed permissible due to lack of data indicating otherwise, with no non-compliant revenue identified. Purification is required for 18.28% of dividends based on interest income. Overall, the stock is non-compliant, but monitoring for debt reduction could improve future status.

Purification Required
18.28%
significant

Significant purification required - exercise caution

Index Inclusion

Excluded from S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, and Dow Jones Islamic Market (DJIM)

Key Compliance Considerations

Debt Ratio

35.8%

Liquidity Ratio

0.0%

Interest Income Ratio

0.0%

Purification

18.28%