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Mon, Apr 6 07:00 PM
Non-Compliant

MLEC

Quality Rating

B
Minimal compliance quality

MLEC, a company in its industry, exhibits strong compliance in debt and liquidity ratios but fails significantly due to a high interest income ratio of 47.82%, rendering it non-compliant under standard Shariah screening criteria. The overall status is determined by index exclusion, highlighting the need for purification or avoidance. Business activities appear permissible based on available data, with low ESG risks. Investors should monitor for improvements in financing structures to align with Islamic principles.

Purification Required
47.82%
significant

Significant purification required - exercise caution

Index Inclusion

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

Key Compliance Considerations

Debt Ratio

20.0%

Liquidity Ratio

6.0%

Interest Income Ratio

47.8%

Purification

47.82%