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Mon, Apr 6 07:11 PM
Non-Compliant

LGHL

Quality Rating

B
Minimal compliance quality

This report evaluates the Shariah compliance of LGHL, a financial services company in its industry. Key concerns include a high interest income ratio exceeding thresholds, leading to non-compliance across standards, though debt and liquidity ratios are favorable. The company is not included in major Shariah indices, resulting in an overall non-compliant status. Purification is required for any impermissible income, and investors should monitor business model shifts toward Islamic finance.

Purification Required
13.79%
significant

Significant purification required - exercise caution

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

9.9%

Liquidity Ratio

20.5%

Interest Income Ratio

13.8%

Purification

13.79%