CLVT
Quality Rating
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
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: 161.93% (threshold: 30%)
- Interest Income Ratio: 10.81% (threshold: 5%)
Debt Ratio
161.9%
Liquidity Ratio
12.5%
Interest Income Ratio
10.8%
Purification
10.81%