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Thu, Jul 2 04:55 PM
Non-Compliant

OLPX

Quality Rating

B
Minimal compliance quality

Olaplex Holdings, Inc. (OLPX) operates in the permissible hair care sector but faces Shariah non-compliance primarily due to elevated debt (72.35%) and marginal interest income (5.3%) exceeding key thresholds across major standards. The company's business activities in manufacturing and selling hair care products to salons and consumers are fully compliant, with no non-permissible revenue identified. However, financial screening reveals failures in debt, liquidity, and impure income ratios, leading to exclusion from all major Shariah indices. A purification rate of 5.3% is recommended for any dividends received. Overall, while the core model aligns with Islamic principles, investors should monitor ongoing deleveraging efforts for potential future compliance.

Purification Required
5.3%
significant

Significant purification required - exercise caution

Index Inclusion

Excluded from all major Shariah indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, and DJIM.

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

0.0%

Purification

5.30%