NAUT
Quality Rating
NAUT, with its industry classification, demonstrates compliant debt levels at 20.27% but faces significant challenges with a liquidity ratio of 95.89%, exceeding all Shariah thresholds and indicating potential riba exposure from cash holdings. Business activities in biotechnology research appear permissible, with no identified non-compliant income. The company is not included in any major Shariah indices due to financial screening failures, leading to an overall NON_COMPLIANT status. No purification is required given zero non-permissible income. Investors are advised to monitor improvements in liquidity management for potential future compliance.
Purification Required
Minimal purification needed for dividend income
Index Inclusion
NOT INCLUDED in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)
Key Compliance Considerations
- Liquidity ratio of 95.89% exceeds thresholds (30-33%) across AAOIFI, MSCI, and S&P standards
- Insufficient detailed income data, though estimated at 0% for interest and non-permissible sources
Debt Ratio
20.3%
Liquidity Ratio
95.9%
Interest Income Ratio
0.0%
Purification
0.00%