FBYD
Quality Rating
FBYD, operating in its industry, demonstrates compliant debt (14.97%) and liquidity (0.4%) ratios but critically fails the interest income screen with a ratio of 2451.45%, far exceeding the 5% threshold across all methodologies. This financial impurity dominates the compliance assessment, leading to exclusion from major Shariah indices. Business activities cannot be fully evaluated due to lack of description, but no evident non-compliant core operations. Purification is required at an exceptional rate due to the disproportionate interest component. Overall, the stock is non-compliant, with recommendations for investors to avoid or monitor for financial restructuring.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Excluded from all major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)
Key Compliance Considerations
- Interest income ratio of 2451.45% exceeds 5% threshold across AAOIFI, MSCI, and S&P standards
- Insufficient data on business activities and subsidiaries raises transparency concerns
Debt Ratio
15.0%
Liquidity Ratio
0.0%
Interest Income Ratio
2451.4%
Purification
5.00%