NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Thu, May 7 03:47 PM
Non-Compliant

MI

Quality Rating

B
Minimal compliance quality

MI, operating in its industry, demonstrates critical financial screening failures across all major Shariah standards, driven by a debt ratio of 133.79%, liquidity ratio of 417.96%, and interest income ratio of 927.10%. Business activities appear permissible with no non-compliant revenue identified, but financial structure raises substantial riba concerns. Exclusion from all Shariah indices confirms non-compliance status. High purification requirement underscores the need for full dividend cleansing. Investors should exercise extreme caution or avoid investment pending financial restructuring.

Purification Required
927.10%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any major Shariah indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, or DJIM

Key Compliance Considerations

Debt Ratio

133.8%

Liquidity Ratio

418.0%

Interest Income Ratio

927.1%

Purification

100.00%