OLB
Quality Rating
This report evaluates OLB Group, Inc. (OLB), a fintech company in its industry, for Shariah compliance across financial, business, and governance criteria. While financial ratios largely meet thresholds, with debt at 6.18% and liquidity at 0.5%, the interest income ratio of 3.52% raises minor purification needs. Business activities in digital payments require ongoing monitoring for riba exposure. Index inclusion research shows no presence in major Shariah indices, leading to a non-compliant overall status. Investors should consider purification and consult scholars for fintech-specific rulings.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Included in 4 major Shariah indexes
Key Compliance Considerations
- Interest income ratio at 3.52%, requiring purification
- Limited transparency in fintech revenue segmentation for riba assessment
- Absence from major Shariah indices due to small market cap and sector risks
Debt Ratio
6.2%
Liquidity Ratio
0.0%
Interest Income Ratio
3.5%
Purification
3.52%