DCX
Quality Rating
DCX, operating in its industry, fails Shariah compliance screening primarily due to extreme debt and liquidity ratios exceeding all established thresholds across AAOIFI, MSCI, and S&P standards. While non-permissible income is negligible, the financial structure indicates heavy reliance on conventional debt, rendering the stock non-compliant. Defense-related activities, inferred from available data, further disqualify it under Shariah principles prohibiting involvement in warfare. No inclusion in major Shariah indices confirms the non-compliant status. Investors should avoid or monitor for restructuring.
Purification Required
Minimal purification needed for dividend income
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
- Excessive debt ratio (7867.32%) breaching all thresholds
- High liquidity ratio (868.05%) indicating potential non-Shariah cash sources
- Interest income ratio (169.56%) exceeding permissible limits despite noted compliance
- Potential defense involvement disqualifying business activities
Debt Ratio
7867.3%
Liquidity Ratio
868.0%
Interest Income Ratio
0.0%
Purification
0.00%