EEIQ
Quality Rating
EEIQ, operating in its industry, undergoes Shariah compliance screening revealing challenges in debt management and interest income exposure. While liquidity and non-permissible business income meet standards, the elevated debt ratio and interest income lead to non-compliance under major methodologies. Index exclusion underscores financial concerns, though business activities appear permissible based on available data. Purification is required for dividends due to interest-derived income. Investors should monitor deleveraging efforts for potential future compliance.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in any major Shariah-compliant indices
Key Compliance Considerations
- Debt ratio of 37.47% exceeds thresholds across AAOIFI (30%), MSCI (33.33%), and S&P (33%)
- Interest income ratio of 18.29% surpasses the 5% limit for non-compliant income
Debt Ratio
37.5%
Liquidity Ratio
4.3%
Interest Income Ratio
18.3%
Purification
18.29%