SILC
Quality Rating
SILC, a provider of networking solutions, passes debt and income thresholds but fails liquidity criteria across major standards due to high cash holdings typical in the technology sector. Business activities are permissible with no non-compliant revenue identified. The company is not included in any major Shariah indices, leading to an overall non-compliant status. Purification is required for interest income, and investors should monitor liquidity management for potential future compliance.
Purification Required
Moderate purification required - consider carefully
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
- High liquidity ratio of 79.58% exceeding thresholds across AAOIFI, MSCI, and S&P standards
Debt Ratio
0.0%
Liquidity Ratio
0.0%
Interest Income Ratio
0.0%
Purification
3.37%