NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Jul 15 08:07 PM
Wednesday, July 15, 2026 8:07:47 PM
Non-Compliant
IPDN
Quality Rating
BB
Fair compliance quality
IPDN, a micro-cap company in professional diversity networking, exhibits strong financial ratios with debt at 4.77% and interest income at 0.09%, well below Shariah thresholds. The core business promotes employment equity without involvement in prohibited activities. However, exclusion from all major Shariah indices due to size and liquidity limits broader validation. Purification is minimal at 0.09% for incidental interest. Investors may consider direct compliance assessment over index reliance.
Purification Required
0.09%
minimal
Minimal purification needed for dividend income
Index Inclusion
Excluded from all major Shariah-compliant indices
Key Compliance Considerations
- Exclusion from Shariah indices due to micro-cap status and low liquidity
Debt Ratio
4.8%
Liquidity Ratio
9.2%
Interest Income Ratio
0.0%
Purification
0.09%