RIG
Quality Rating
RIG, operating in its industry and sector, undergoes Shariah compliance screening revealing significant challenges in financial ratios, particularly debt levels, while business activities appear permissible based on available data. The report assesses compliance across global and regional standards, index inclusions, and ESG factors, highlighting the need for purification of non-compliant income and ongoing monitoring of leverage. Overall, the company fails key financial thresholds but passes income-related screens, leading to a non-compliant status.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Not included in any of the major Shariah-compliant indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, or DJIM.
Key Compliance Considerations
- Debt ratio of 227.63% exceeds all thresholds (AAOIFI 30%, MSCI/SP 33%)
Debt Ratio
227.6%
Liquidity Ratio
23.7%
Interest Income Ratio
3.0%
Purification
3.01%