FIGS
Quality Rating
FIGS, Inc. demonstrates strong Shariah compliance through its permissible business activities in designing and selling healthcare apparel, which aligns with Islamic principles of trade in essential goods. Financial screening reveals exceptionally low debt levels (4.8% of market cap), manageable liquidity (23.5%), and minimal non-compliant income (1.44%), passing all major standards. The company's inclusion in all key Shariah indices underscores its suitability for Islamic portfolios, supported by robust ESG practices and resolved minor controversies. Purification is required at 1.44% due to incidental interest income, but overall risk is low with positive trends in financial health. This analysis confirms FIGS as a compliant investment with AAA quality rating.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Included in 4 major Shariah indexes
Debt Ratio
4.8%
Liquidity Ratio
23.5%
Interest Income Ratio
1.4%
Purification
1.44%