NMTC
Quality Rating
NMTC, a company in its industry, demonstrates strong compliance in debt and liquidity ratios but faces challenges with a marginal exceedance in the interest income ratio. The core business activities in medical technology are permissible under Shariah principles. However, inclusion in major Shariah indices is absent due to the financial ratio issue. Purification is required for non-compliant income, and overall status is determined by index exclusion. Investors should monitor financial trends for potential compliance improvement.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in any major Shariah indices: S&P Dow Jones, MSCI, FTSE, or DJIM
Key Compliance Considerations
- Interest income ratio of 5.13% exceeds the 5% threshold across all standards
Debt Ratio
0.0%
Liquidity Ratio
0.0%
Interest Income Ratio
0.0%
Purification
5.13%