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Thu, Apr 2 10:17 PM
Non-Compliant

GSUN

Quality Rating

B
Minimal compliance quality

Golden Sun Education Group Limited (GSUN), a provider of education and management services in China, operates in a Shariah-permissible sector focused on primary, secondary schooling, and tutoring. However, the company fails key financial screening criteria due to an exceptionally high debt-to-market capitalization ratio of 184.18%, exceeding thresholds across AAOIFI, MSCI, and S&P standards. Interest income ratio at 10.87% also breaches the 5% limit, necessitating purification, while non-permissible income is negligible at 0%. Business activities are fully compliant with no haram elements identified. Overall, GSUN is classified as non-compliant based on index exclusions, though its education focus offers potential if debt is restructured.

Purification Required
10.87%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any major Shariah indices

Key Compliance Considerations

Debt Ratio

184.2%

Liquidity Ratio

2.7%

Interest Income Ratio

10.9%

Purification

10.87%