BRLS
Quality Rating
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
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: 35.76% exceeds AAOIFI 30% threshold, MSCI 33.33%, and S&P 33%
Debt Ratio
35.8%
Liquidity Ratio
0.0%
Interest Income Ratio
0.0%
Purification
18.28%