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Wed, Apr 1 09:31 PM
Non-Compliant

GNPX

Quality Rating

B
Minimal compliance quality

GNPX, operating in its industry, demonstrates compliant primary business activities focused on permissible sectors but faces challenges in financial screening due to an elevated liquidity ratio exceeding standard thresholds across AAOIFI, MSCI, and S&P methodologies. While debt and non-permissible income ratios pose no issues, the high cash holdings relative to market capitalization raise concerns about potential interest-bearing investments. Index inclusion research confirms exclusion from all major Shariah-compliant indices, leading to an overall non-compliant status. Purification requirements are minimal at 0%, reflecting no identified non-compliant revenue streams. Investors are advised to monitor financial ratio trends and consult local Shariah scholars for personalized guidance.

Purification Required
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion

Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM).

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

54.5%

Interest Income Ratio

0.0%

Purification

0.00%