NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Tue, Apr 14 09:34 PM
Non-Compliant

NMTC

Quality Rating

B
Minimal compliance quality

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
5.13%
significant

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

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

0.0%

Purification

5.13%