NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Wed, May 6 03:50 PM
Non-Compliant

MNKD

Quality Rating

B
Minimal compliance quality

MNKD, operating in its industry, demonstrates strong financial metrics in debt and liquidity but fails Shariah compliance due to an interest income ratio of 14.73%, exceeding the 5% threshold across major standards. The company's biopharmaceutical focus is permissible, with no non-compliant business activities identified. However, index exclusion underscores the need for income purification. Overall, while purification allows limited investment, the stock is classified as non-compliant based on index criteria.

Purification Required
14.73%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any major Shariah indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

3.2%

Liquidity Ratio

12.4%

Interest Income Ratio

14.7%

Purification

14.73%