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Fri, Jul 17 04:59 PM
Non-Compliant

KLRS

Quality Rating

B
Minimal compliance quality

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
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion

Not included in any major Shariah-compliant indices

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

113.4%

Interest Income Ratio

0.0%

Purification

0.00%