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Shanghai: Closed
Tue, Apr 7 06:50 PM
Non-Compliant

QNCX

Quality Rating

B
Minimal compliance quality

QNCX, operating in its industry, undergoes Shariah compliance screening revealing challenges primarily from a high liquidity ratio exceeding thresholds across major standards. While debt levels are compliant, insufficient data on income ratios leads to conservative assessments. Index inclusion research indicates non-inclusion in major Shariah indices, resulting in an overall non-compliant status. Purification is not required due to zero non-compliant income identified, but investors should monitor liquidity management. The compliance quality rating reflects moderate performance with room for improvement in financial structuring.

Purification Required
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion

Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

20.2%

Liquidity Ratio

40.5%

Interest Income Ratio

0.0%

Purification

0.00%