SGMO
Quality Rating
Sangamo Therapeutics (SGMO), a clinical-stage biotechnology company focused on genomic medicines, demonstrates compliant debt and liquidity ratios but fails due to an interest income ratio of 10.14% exceeding the 5% threshold across standards. Business activities in gene therapy are permissible under Shariah principles. The company is not included in any major Shariah indices, leading to an overall non-compliant status. Purification of 10.14% of dividends is required. Investors should monitor financial improvements and consult scholars for personalized rulings.
Purification Required
Significant purification required - exercise caution
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
- Interest income ratio of 10.14% exceeds 5% threshold
Debt Ratio
15.9%
Liquidity Ratio
16.1%
Interest Income Ratio
10.1%
Purification
10.14%