CCOI
Quality Rating
This report evaluates the Shariah compliance of CCOI, a company in its industry, based on financial ratios, business activities, index inclusion, and multi-perspective analysis. Key concerns include high debt levels exceeding all thresholds and marginal interest income. While business activities appear permissible, financial screens result in non-compliance. The company is not included in any major Shariah indices, leading to an overall non-compliant status. Purification of 5.99% is recommended for any dividends received.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM).
Key Compliance Considerations
- Debt ratio of 102.22% exceeds AAOIFI's 30% threshold, MSCI's 33.33%, and S&P's 33%.
- Interest income ratio of 5.99% exceeds the 5% threshold across all standards.
Debt Ratio
102.2%
Liquidity Ratio
6.7%
Interest Income Ratio
6.0%
Purification
5.99%