CBIO
Quality Rating
CBIO, a biopharmaceutical company in its industry, demonstrates strong financial compliance with Shariah screening criteria, passing all major ratio thresholds under AAOIFI, MSCI, and S&P standards. However, due to its small market capitalization and low liquidity, it is not included in any major Shariah-compliant indices. The core business activities in rare disease therapeutics are permissible, with no non-compliant revenue identified. Overall, while financially compliant, index exclusion leads to a non-compliant classification for investment purposes. Purification is required for minor interest income exposure.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Not included in S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, or DJIM indices
Key Compliance Considerations
- Exclusion from all major Shariah indices due to size and liquidity constraints
- Limited historical data for trend analysis in Unknown sector
Debt Ratio
0.0%
Liquidity Ratio
0.0%
Interest Income Ratio
0.0%
Purification
4.75%