LFS
Quality Rating
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
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: 1679.34% exceeds all thresholds (AAOIFI 30%, MSCI 33.33%, S&P 33%)
- Liquidity ratio: 2363.07% exceeds all thresholds, indicating excessive interest-bearing assets
Debt Ratio
1679.3%
Liquidity Ratio
2363.1%
Interest Income Ratio
0.0%
Purification
0.18%