NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 8 11:13 PM
Non-Compliant

SKIL

Quality Rating

B
Minimal compliance quality

Skillsoft Corp. (SKIL), operating in its industry, demonstrates non-compliance with Shariah standards primarily due to excessively high debt-to-market-cap ratio (404.4%) and liquidity ratio (69.2%), both exceeding thresholds across AAOIFI, MSCI, and S&P methodologies. Interest income at 10.93% also surpasses the 5% permissible limit, necessitating purification, while non-permissible income is estimated at 0%. Business activities appear permissible based on available data, with no identified haram revenue sources. Overall, the company is excluded from major Shariah indices, resulting in a NON_COMPLIANT status. Investors should monitor debt reduction efforts for potential future compliance.

Purification Required
10.93%
significant

Significant purification required - exercise caution

Index Inclusion

Excluded from all major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

404.4%

Liquidity Ratio

69.2%

Interest Income Ratio

10.9%

Purification

10.93%