NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Thu, Apr 2 10:19 PM
Thursday, April 2, 2026 10:19:37 PM
Non-Compliant
NBY
Quality Rating
B
Minimal compliance quality
This report evaluates NBY's Shariah compliance across financial, business, and ESG dimensions. Key concerns include high liquidity and interest income ratios exceeding thresholds, leading to non-compliance in major indices. Core activities appear permissible, but financial screens dominate the assessment. Purification of 14.02% is required for dividends. Overall, the stock is non-compliant based on index exclusion.
Purification Required
14.02%
significant
Significant purification required - exercise caution
Index Inclusion
Excluded from S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, and DJIM indices
Key Compliance Considerations
- Liquidity ratio of 132.65% exceeds 30-33% thresholds across standards
- Interest income ratio of 14.02% exceeds 5% thresholds
Debt Ratio
17.6%
Liquidity Ratio
132.7%
Interest Income Ratio
0.0%
Purification
14.02%