NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Fri, Sep 25 03:18 PM
Friday, September 25, 2026 3:18:52 PM
Non-Compliant
MGLD
Quality Rating
B
Minimal compliance quality
This report evaluates the Shariah compliance of MGLD based on financial ratios, business activities, index inclusions, and multi-perspective analysis. Key concerns include elevated liquidity and interest income ratios exceeding thresholds, leading to non-compliance under major standards. The company operates in its industry with limited data on subsidiaries and activities. Overall, MGLD does not meet Shariah screening criteria for investment.
Purification Required
8.07%
significant
Significant purification required - exercise caution
Index Inclusion
Not included in any of the four major Shariah-compliant indices
Key Compliance Considerations
- Liquidity ratio: 38.40% exceeds 30-33% thresholds across standards
- Interest income ratio: 8.07% exceeds 5% non-compliant income limit
Debt Ratio
12.1%
Liquidity Ratio
38.4%
Interest Income Ratio
8.1%
Purification
8.07%