NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 1 11:28 PM
Non-Compliant

RIME

Quality Rating

B
Minimal compliance quality

RIME, operating in its industry, exhibits robust debt (3.72%) and liquidity (13.11%) ratios that comply with all major Shariah screening standards. However, the elevated interest income ratio of 44.45% significantly exceeds the 5% threshold for non-compliant income, leading to financial screening failures across AAOIFI, MSCI, and S&P methodologies. Business activities are undetermined due to limited data, but no evident non-permissible core operations. Overall, the company requires substantial dividend purification and is classified as non-compliant based on index exclusions. Investors should monitor for potential restructuring in interest-bearing activities.

Purification Required
44.45%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any of the four major Shariah-compliant indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, or DJIM.

Key Compliance Considerations

Debt Ratio

3.7%

Liquidity Ratio

13.1%

Interest Income Ratio

44.5%

Purification

44.45%