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Wed, Apr 22 12:07 AM
Non-Compliant

HRMY

Quality Rating

B
Minimal compliance quality

HRMY operates in the biopharmaceutical sector focusing on rare neurological diseases. The company's financial ratios demonstrate strong compliance in debt (9.06%) and liquidity (25.87%) metrics across all standards, with non-permissible income at 0%. However, the interest income ratio, while currently low at 0.14%, has historical highs leading to flagged concerns. Overall, due to exclusion from major Shariah indices, the stock is classified as non-compliant, though suitable for review with purification. The compliance quality is moderate, reflecting solid recent performance but index and historical issues.

Purification Required
0.14%
minimal

Minimal purification needed for dividend income

Index Inclusion

Excluded from S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, and Dow Jones Islamic Market (DJIM).

Key Compliance Considerations

Debt Ratio

9.1%

Liquidity Ratio

25.9%

Interest Income Ratio

0.0%

Purification

0.14%