NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Fri, Apr 17 06:33 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

Debt Ratio

4.8%

Liquidity Ratio

9.2%

Interest Income Ratio

0.0%

Purification

0.09%