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Shanghai: Closed
Wed, Apr 29 09:25 AM
Non-Compliant

LBGJ

Quality Rating

B
Minimal compliance quality

LBGJ demonstrates non-compliance with Shariah standards primarily due to a high debt ratio of 42.85%, exceeding thresholds across AAOIFI, MSCI, and S&P methodologies, despite passing liquidity and income-related criteria. Business activities appear permissible with no identified non-compliant revenue sources, and ESG factors show low risk with resolved minor controversies. The company is not included in any major Shariah indices, leading to an overall non-compliant status. Purification is required at 2.83% for non-compliant income, and investors should monitor debt reduction efforts. This report provides a multi-perspective analysis highlighting methodological differences among authorities.

Purification Required
2.83%
moderate

Moderate purification required - consider carefully

Index Inclusion

Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)

Key Compliance Considerations

Debt Ratio

42.9%

Liquidity Ratio

14.4%

Interest Income Ratio

2.8%

Purification

2.83%