NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Thu, May 7 06:00 PM
Shariah Compliant

ERII

Quality Rating

AAA
Excellent compliance quality

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
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion
S&P
MSCI
DJIM
FTSE

Included in 4 major Shariah indexes

Debt Ratio

1.4%

Liquidity Ratio

10.4%

Interest Income Ratio

0.0%

Purification

0.00%