NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Thu, Apr 2 10:19 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

Debt Ratio

17.6%

Liquidity Ratio

132.7%

Interest Income Ratio

0.0%

Purification

14.02%