NYSE: Open
NASDAQ: Open
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TSX: Open
Nikkei: Closed
Shanghai: Closed
Wed, May 6 03:46 PM
Non-Compliant

OSS

Quality Rating

BB
Fair compliance quality

OSS demonstrates strong financial ratio compliance across AAOIFI, MSCI, and S&P standards, with low debt (2.96%), liquidity (9.62%), and non-permissible income (0.82%). However, significant involvement in defense and military computing applications, estimated at over 50% of revenue, leads to non-compliance in business activity screening under major Shariah authorities and indices. The company operates in its industry with no reported subsidiaries contributing non-compliant revenue. Overall, while purification is minimal for income, the core business model raises ethical concerns aligned with Islamic principles against supporting conflict-related activities. Investors should monitor for shifts away from defense dependencies.

Purification Required
0.82%
minimal

Minimal purification needed for dividend income

Index Inclusion

Excluded from all major Shariah-compliant indices due to business activity screening failures

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

0.0%

Purification

0.82%