MB
Quality Rating
The Shariah compliance analysis for MB indicates non-compliance primarily due to elevated debt and liquidity ratios that exceed thresholds across major standards, despite compliant non-permissible income levels. Business activities in its industry show no identified haram elements, but financial structure raises riba concerns. Index exclusions confirm the overall status, with purification required for any dividends. Enhanced ESG factors reveal low risk with resolved controversies, supporting ethical alignment. Investors should monitor debt reduction efforts for potential future compliance.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Excluded from all major Shariah indices: S&P, MSCI, FTSE, and DJIM
Key Compliance Considerations
- High debt ratio of 57.23% exceeding 30-33% thresholds
- High liquidity ratio of 44.68% exceeding 30-33% thresholds
- Interest income ratio at 8.22% bordering 5% threshold in recent trends
Debt Ratio
57.2%
Liquidity Ratio
44.7%
Interest Income Ratio
8.2%
Purification
8.22%