FTDR
Quality Rating
Frontdoor, Inc. (FTDR) operates in the home services sector, providing warranty plans for repairs and maintenance. While its core business activities are Shariah-compliant, the company fails financial screening due to an interest income ratio of 7.17%, exceeding the 5% threshold across major standards. No non-permissible business activities were identified, and ESG factors show low risk with resolved minor controversies. The stock is not included in any major Shariah indices, leading to an overall non-compliant status. Investors may consider purification for dividends but should monitor income trends.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, or DJIM indices
Key Compliance Considerations
- Interest income ratio of 7.17% exceeds 5% threshold
Debt Ratio
29.4%
Liquidity Ratio
12.3%
Interest Income Ratio
7.2%
Purification
7.17%