DWSN
Quality Rating
Dawson Geophysical Company (DWSN) provides onshore seismic data acquisition and processing services primarily to oil and gas exploration companies in the US and Canada. The company's business activities are generally permissible under Shariah principles as they support resource extraction without direct involvement in prohibited sectors. All financial screening ratios comfortably pass AAOIFI, MSCI, and S&P thresholds, indicating strong financial compliance. However, due to its small market capitalization, DWSN is not included in any major Shariah-compliant indices, leading to an overall non-compliant classification per index-based determination. Minimal purification of 0.59% is required for any impure income, and the stock merits monitoring for potential future index inclusion as the company grows.
Purification Required
Minimal purification needed for dividend income
Index Inclusion
Included in 4 major Shariah indexes
Key Compliance Considerations
- Exclusion from all major Shariah indices due to small market capitalization
- Potential environmental scrutiny in the fossil fuel support services
Debt Ratio
13.9%
Liquidity Ratio
5.6%
Interest Income Ratio
0.0%
Purification
0.59%