QH
Quality Rating
QH, operating in its industry, demonstrates permissible core business activities with negligible non-compliant income at 0.21%. However, severe financial non-compliance arises from a debt ratio of 178.91% and liquidity ratio of 44.62%, exceeding all major Shariah thresholds. The company is not included in any prominent Shariah-compliant indices, leading to an overall non-compliant status. Investors should monitor potential debt restructuring efforts, as business operations align with Islamic principles. Purification is required at 0.21% for minor interest income.
Purification Required
Minimal purification needed for dividend income
Index Inclusion
Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)
Key Compliance Considerations
- Excessive debt ratio of 178.91% surpassing 30-33% thresholds across standards
- Liquidity ratio of 44.62% exceeding permissible limits, indicating potential riba exposure
Debt Ratio
178.9%
Liquidity Ratio
44.6%
Interest Income Ratio
0.0%
Purification
0.21%