NYSE: Closed
NASDAQ: Closed
LSE: Open
TSX: Soon
Nikkei: Closed
Shanghai: Closed
Fri, Apr 17 12:56 PM
Non-Compliant

QVCGA

Quality Rating

B
Minimal compliance quality

QVCGA, operating in its industry, exhibits severe non-compliance with Shariah financial screening criteria primarily due to extraordinarily high debt and liquidity ratios relative to market capitalization. While income-related ratios meet thresholds, the overall financial structure raises significant riba concerns. Business activities lack detailed disclosure, but no evident non-permissible revenue streams are identified. Index exclusion across major Shariah benchmarks confirms non-compliance status. Investors are advised to monitor debt reduction efforts and consult scholars for purification applicability.

Purification Required
4.8%
moderate

Moderate purification required - consider carefully

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

Debt Ratio

7599.1%

Liquidity Ratio

1132.0%

Interest Income Ratio

4.8%

Purification

4.80%