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Fri, Apr 24 08:46 PM
Non-Compliant

SGMO

Quality Rating

B
Minimal compliance quality

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
10.14%
significant

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

Debt Ratio

15.9%

Liquidity Ratio

16.1%

Interest Income Ratio

10.1%

Purification

10.14%