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Fri, Apr 10 04:29 PM
Non-Compliant

LFS

Quality Rating

B
Minimal compliance quality

LFS, operating in its industry, faces significant challenges in Shariah compliance primarily due to exceptionally high debt and liquidity ratios that far exceed standard thresholds across all major screening methodologies. While non-permissible income remains negligible at 0%, the financial structure indicates heavy reliance on conventional interest-bearing instruments. Index inclusion research confirms exclusion from all major Shariah indices, leading to an overall non-compliant status. Investors should monitor potential deleveraging efforts and conduct detailed business activity reviews given the lack of sector-specific data. Purification is required at 0.18% for incidental interest income.

Purification Required
0.18%
minimal

Minimal purification needed for dividend income

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

1679.3%

Liquidity Ratio

2363.1%

Interest Income Ratio

0.0%

Purification

0.18%