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Shanghai: Closed
Wed, Apr 8 12:26 AM
Non-Compliant

JELD

Quality Rating

B
Minimal compliance quality

JELD-WEN Holding, Inc. (JELD) operates in the building products sector, manufacturing doors and windows, which is generally permissible under Shariah principles. However, severe financial ratio failures, particularly the debt-to-market cap ratio of 303.43%, lead to non-compliance across standards. While income ratios are acceptable, the company is excluded from all major Shariah indices due to leverage issues. Purification is required for non-compliant income, and investors should monitor deleveraging efforts.

Purification Required
4.64%
moderate

Moderate purification required - consider carefully

Index Inclusion

Not included in any of the four major Shariah-compliant indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, or DJIM.

Key Compliance Considerations

Debt Ratio

303.4%

Liquidity Ratio

30.6%

Interest Income Ratio

4.6%

Purification

4.64%