NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Fri, Sep 25 03:18 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

Debt Ratio

12.1%

Liquidity Ratio

38.4%

Interest Income Ratio

8.1%

Purification

8.07%