NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 1 09:25 PM
Wednesday, April 1, 2026 9:25:45 PM
Non-Compliant
NCI
Quality Rating
B
Minimal compliance quality
This report evaluates NCI's Shariah compliance based on financial ratios, business activities, index inclusions, and multi-perspective analysis. The company fails key debt thresholds across standards, leading to non-compliance, though income ratios are acceptable. No inclusion in major Shariah indices confirms the overall status. Purification is required at 1.03% for non-compliant income. Investors should monitor debt reduction efforts.
Purification Required
1.03%
moderate
Moderate purification required - consider carefully
Index Inclusion
Not included in any major Shariah indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, or DJIM
Key Compliance Considerations
- Debt ratio of 184.36% exceeds all thresholds (AAOIFI 30%, MSCI 33.33%, S&P 33%)
- High leverage indicates riba exposure despite compliant income sources
Debt Ratio
1.8%
Liquidity Ratio
0.0%
Interest Income Ratio
0.0%
Purification
1.03%