NOK
Quality Rating
Nokia Corporation (NOK), a leading provider of telecommunications equipment and services, undergoes rigorous Shariah compliance screening. The company demonstrates strong financial health with all key ratios well within permissible thresholds across AAOIFI, MSCI, and S&P standards. Business activities in telecom infrastructure are deemed halal, with no significant non-compliant revenue streams identified. Inclusion in all major Shariah indices confirms overall compliance, though minor purification is required for incidental interest income. This report provides a multi-perspective analysis, highlighting robust ESG alignment and low risk profile.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Included in 4 major Shariah indexes
Key Compliance Considerations
- Low confidence in non-permissible income estimation due to limited segment data; recommend detailed business activity review
Debt Ratio
18.1%
Liquidity Ratio
25.8%
Interest Income Ratio
3.7%
Purification
3.68%