FA
Quality Rating
First Advantage Corporation (FA), operating in the Specialty Business Services industry, provides technology-driven screening and compliance solutions for human capital management. While its core business activities align with Shariah principles by promoting safety, verification, and ethical hiring practices without involvement in prohibited sectors, the company fails key financial screening criteria due to a high debt-to-market-cap ratio of 78.27% and interest income ratio of 10.78%. These metrics exceed thresholds set by major Shariah standards, leading to exclusion from Islamic indices. Purification is required for 10.78% of dividends to address impure income sources. Overall, FA is classified as NON_COMPLIANT, with a B quality rating reflecting strong business permissibility but significant financial concerns.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Excluded from all major Shariah indices (S&P Dow Jones, MSCI Islamic, FTSE Shariah, DJIM).
Key Compliance Considerations
- Debt Ratio: 78.27% (exceeds AAOIFI 30%, MSCI 33.33%, S&P 33% thresholds)
- Interest Income Ratio: 10.78% (exceeds 5% threshold across all standards)
Debt Ratio
78.3%
Liquidity Ratio
6.3%
Interest Income Ratio
10.8%
Purification
10.78%