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Thu, Jul 2 07:05 PM
Non-Compliant

CLVT

Quality Rating

B
Minimal compliance quality

Clarivate Plc (CLVT) operates in the data analytics and intellectual property sector, with a business model generally aligned with Shariah principles in terms of core activities. However, significant financial hurdles, including a debt ratio of 161.93% and interest income ratio of 10.81%, result in non-compliance across major screening standards. The company is not included in any prominent Shariah indices, leading to an overall non-compliant status. Purification is required at 10.81% due to interest income, and investors should monitor potential debt restructuring. While ESG factors are low risk, financial metrics dominate compliance concerns.

Purification Required
10.81%
significant

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

161.9%

Liquidity Ratio

12.5%

Interest Income Ratio

10.8%

Purification

10.81%