NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Open
Shanghai: Soon
Thu, Apr 9 01:00 AM
Non-Compliant

NOTE

Quality Rating

B
Minimal compliance quality

NOTE, operating in its industry, provides policy and market intelligence software services. The company fails multiple Shariah financial screening criteria, particularly due to elevated debt-to-market-cap ratio (145.26%) and interest income ratio (34.92%), both exceeding standard thresholds. Business activities appear permissible with no non-compliant revenue sources identified. Overall, the stock is classified as NON_COMPLIANT based on exclusion from major Shariah indices. A purification rate of 34.92% is recommended for any dividends received, and investors should monitor ongoing deleveraging efforts for potential future compliance.

Purification Required
34.92%
significant

Significant purification required - exercise caution

Index Inclusion

Excluded from all major Shariah indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

145.3%

Liquidity Ratio

47.0%

Interest Income Ratio

34.9%

Purification

34.92%