GSUN
Quality Rating
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
Significant purification required - exercise caution
Index Inclusion
Not included in any major Shariah indices
Key Compliance Considerations
- Debt Ratio: 184.18% (exceeds 30-33% thresholds)
- Interest Income Ratio: 10.87% (exceeds 5% threshold)
Debt Ratio
184.2%
Liquidity Ratio
2.7%
Interest Income Ratio
10.9%
Purification
10.87%