NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Thu, Jun 11 03:23 PM
Non-Compliant

CLRO

Quality Rating

BB
Fair compliance quality

CLRO, operating in its industry, exhibits strong financial metrics with debt at 0.72%, liquidity at 1.51%, and non-compliant income at 3.36%, all passing major Shariah thresholds. However, due to its small market capitalization, the company is not included in any major Shariah-compliant indices, leading to a non-compliant overall status per index inclusion criteria. Business activities lack detailed disclosure but appear permissible based on available data. Purification is required for minor interest income, and ESG factors show low risk with resolved minor controversies. Investors should monitor for business evolution and consult scholars for personalized rulings.

Purification Required
3.36%
moderate

Moderate purification required - consider carefully

Index Inclusion

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

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

1.5%

Interest Income Ratio

3.4%

Purification

3.36%