NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Sep 30 08:13 PM
Wednesday, September 30, 2026 8:13:10 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
- Interest income ratio of 14.73% exceeds 5% threshold, leading to index exclusion
Debt Ratio
3.2%
Liquidity Ratio
12.4%
Interest Income Ratio
14.7%
Purification
14.73%