NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Tue, Apr 14 10:49 PM
Non-Compliant

SHIM

Quality Rating

B
Minimal compliance quality

Shimmick Corporation (SHIM), operating in the Engineering & Construction industry, provides critical infrastructure solutions primarily in water management and public works. While its core business activities align with Shariah principles of public welfare, the company fails financial screening criteria across major standards due to elevated debt and liquidity ratios. Military infrastructure projects represent a minor non-compliant revenue stream requiring purification. Exclusion from all major Shariah indices confirms non-compliance status. Investors should monitor debt reduction efforts and purify 1.33% of dividends.

Purification Required
1.33%
moderate

Moderate purification required - consider carefully

Index Inclusion

Excluded from S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, and Dow Jones Islamic Market (DJIM)

Key Compliance Considerations

Debt Ratio

35.6%

Liquidity Ratio

47.1%

Interest Income Ratio

0.0%

Purification

1.33%