DNN
Quality Rating
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
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
- Interest income ratio of 708.50% exceeds 5% threshold across all standards
- High financial impurity requires full dividend purification
Debt Ratio
0.0%
Liquidity Ratio
5.0%
Interest Income Ratio
708.5%
Purification
70.85%