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Thu, May 7 10:22 PM
Non-Compliant

COLD

Quality Rating

B
Minimal compliance quality

COLD, operating in its industry, fails key Shariah financial screening criteria primarily due to a high debt ratio of 82.93% exceeding all major thresholds and interest income ratio of 9.01% surpassing the 5% limit. Business activities appear permissible, but financial leverage typical of asset-intensive operations leads to non-compliance. No inclusion in major Shariah indices confirms the overall non-compliant status. Purification of 9.01% is required for any dividends received. Investors should monitor debt reduction efforts and consult scholars for personalized rulings.

Purification Required
9.01%
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

82.9%

Liquidity Ratio

0.0%

Interest Income Ratio

9.0%

Purification

9.01%