HRMY
Quality Rating
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
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
- Historical interest income ratio exceeding 5% in prior years
- Exclusion from all major Shariah indices due to size and historical metrics
- Limited transparency on business activities and subsidiaries
Debt Ratio
9.1%
Liquidity Ratio
25.9%
Interest Income Ratio
0.0%
Purification
0.14%