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Thu, May 7 07:01 PM
Non-Compliant

DNN

Quality Rating

B
Minimal compliance quality

Denison Mines Corp. (DNN), an exploration-stage uranium mining company, exhibits strong compliance in debt and liquidity metrics but fails critically on the interest income ratio, which exceeds 708% of revenue, rendering it non-compliant under major Shariah standards. The core business of uranium exploration is permissible, aligning with Islamic principles of resource stewardship, but financial impurities dominate the assessment. No inclusion in major Shariah indices confirms the non-compliant status. ESG factors show medium risk with positive community engagement but potential environmental concerns in mining. Investors should monitor financial restructuring and purify any dividends at 100%.

Purification Required
708.50%
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

0.0%

Liquidity Ratio

5.0%

Interest Income Ratio

708.5%

Purification

70.85%