LONA
Quality Rating
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
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
- Liquidity ratio of 236.89% exceeds all thresholds (30-33%), indicating high risk of riba from cash holdings
- Insufficient data for interest and non-permissible income verification
- Unknown business activities requiring detailed screening
Debt Ratio
7.2%
Liquidity Ratio
236.9%
Interest Income Ratio
0.0%
Purification
0.00%