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Fri, Jun 5 09:20 PM
Non-Compliant

ELOG

Quality Rating

BBB
Satisfactory compliance quality

Eastern International Ltd. (ELOG), a Cayman Islands-incorporated holding company focused on logistics services in China through its subsidiary, demonstrates strong financial metrics aligned with Shariah principles. The core business of domestic and cross-border freight logistics is permissible, with no non-compliant activities identified. However, the company is not included in any major Shariah-compliant indices, leading to an overall non-compliant classification despite passing individual screening criteria. Minor purification is required for interest income, and ESG risks are low with no controversies.

Purification Required
0.26%
minimal

Minimal purification needed for dividend income

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

20.4%

Liquidity Ratio

3.2%

Interest Income Ratio

0.0%

Purification

0.26%