ERII
Quality Rating
Energy Recovery Inc. (ERII) operates in its industry, providing energy recovery technology for desalination and industrial applications. The company demonstrates exceptional Shariah compliance with minimal debt, no non-permissible income, and a permissible business model focused on sustainable solutions. All major financial ratios are well within thresholds across AAOIFI, MSCI, and S&P standards. Inclusion in all major Shariah indices confirms market acceptance. No purification is required, and ESG factors align strongly with Islamic principles of stewardship and justice.
Purification Required
Minimal purification needed for dividend income
Index Inclusion
Included in 4 major Shariah indexes
Debt Ratio
1.4%
Liquidity Ratio
10.4%
Interest Income Ratio
0.0%
Purification
0.00%