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Thu, Apr 2 06:48 PM
Non-Compliant

LONA

Quality Rating

B
Minimal compliance quality

LONA, operating in its industry, undergoes Shariah compliance screening revealing significant challenges primarily in liquidity management. While debt levels remain low at 7.22% and non-permissible income appears minimal at 0%, the exceptionally high liquidity ratio of 236.89% disqualifies it under all major financial screening standards due to potential riba exposure from excess cash or interest-bearing holdings. Business activities are unclear due to insufficient data, placing overall compliance under review. No inclusion in major Shariah indices confirms non-compliant status. Investors are advised to consider certified Shariah-compliant alternatives and consult scholars for personalized guidance.

Purification Required
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion

Excluded from all major Shariah indices: S&P Dow Jones, MSCI, FTSE, and DJIM

Key Compliance Considerations

Debt Ratio

7.2%

Liquidity Ratio

236.9%

Interest Income Ratio

0.0%

Purification

0.00%