NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 1 09:27 PM
Non-Compliant

FBYD

Quality Rating

B
Minimal compliance quality

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
2451.45%
significant

Significant purification required - exercise caution

Index Inclusion

Excluded from all major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

15.0%

Liquidity Ratio

0.0%

Interest Income Ratio

2451.4%

Purification

5.00%