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Wed, Apr 1 09:24 PM
Non-Compliant

DVLT

Quality Rating

B
Minimal compliance quality

DVLT, operating in its industry, undergoes Shariah compliance screening revealing critical non-compliance primarily due to an anomalously high interest income ratio of 1132.05%, exceeding all permissible thresholds. While debt and liquidity ratios remain compliant, the income impurity dominates the assessment, leading to exclusion from major Shariah indices. Business activities show no identified non-permissible core operations, but financial screens fail decisively. ESG factors align positively with Islamic principles, with low risk levels and resolved minor controversies. Overall, the stock is deemed non-compliant, requiring full purification or divestment for Shariah-conscious investors.

Purification Required
1132.05%
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

20.1%

Liquidity Ratio

0.0%

Interest Income Ratio

1132.0%

Purification

0.00%