KLRS
Quality Rating
KLRS, operating in its industry, exhibits a debt ratio of 0.00% which complies with all major Shariah screening standards. However, its liquidity ratio stands at 113.41%, significantly exceeding the thresholds set by AAOIFI (30%), MSCI (33.33%), and S&P (33%), primarily due to high cash holdings typical of investment funds or tech entities. Interest and non-permissible income ratios are reported at 0.00%, though data insufficiency warrants caution. Business activities lack detailed disclosure, leading to under review status in activity screening. Overall, while financial screens fail on liquidity, index inclusion research determines the compliance status.
Purification Required
Minimal purification needed for dividend income
Index Inclusion
Not included in any major Shariah-compliant indices
Key Compliance Considerations
- Liquidity ratio exceeds thresholds across all standards (113.41% vs. 30-33%)
- Insufficient data on business activities and income composition
- Potential riba exposure from excess cash holdings
Debt Ratio
0.0%
Liquidity Ratio
113.4%
Interest Income Ratio
0.0%
Purification
0.00%