NAII
Quality Rating
NAII, a company in its industry, undergoes Shariah compliance screening revealing significant challenges in financial ratios, particularly debt and liquidity exceeding all major thresholds. While business activities in nutritional supplements appear permissible with no non-compliant income identified, the high debt levels lead to non-compliance across standards. Index research confirms exclusion from all major Shariah indices. Purification is required at 1.6% due to minor interest income. Overall, the stock is non-compliant, with a B quality rating reflecting poor financial metrics but acceptable business activities.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)
Key Compliance Considerations
- Excessive debt ratio of 284.62% exceeding all thresholds (AAOIFI 30%, MSCI/SP 33%)
- Liquidity ratio of 51.69% above thresholds, indicating disproportionate non-operating assets
- Estimated debt to total assets ~60%, failing asset-based screenings
Debt Ratio
284.6%
Liquidity Ratio
51.7%
Interest Income Ratio
0.0%
Purification
1.60%