NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 1 10:57 PM
Non-Compliant

NIO

Quality Rating

B
Minimal compliance quality

NIO Inc., a pioneer in premium electric vehicles, demonstrates permissible core business activities aligned with Islamic principles of innovation and sustainability. However, its financial structure, characterized by exceptionally high debt and liquidity ratios relative to market capitalization, results in non-compliance across all major Shariah screening standards. Despite low non-compliant income, the company is excluded from key Islamic indices, classifying it as non-compliant overall. Investors may consider purification for minor interest income, but structural financial reforms are needed for future compliance. The compliance quality rating of B reflects strong business permissibility offset by critical financial concerns.

Purification Required
0.84%
minimal

Minimal purification needed for dividend income

Index Inclusion

Excluded from all major Shariah indices: S&P Dow Jones, MSCI, FTSE, and DJIM.

Key Compliance Considerations

Debt Ratio

264.9%

Liquidity Ratio

172.1%

Interest Income Ratio

0.0%

Purification

0.84%