SKIL
Quality Rating
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
Significant purification required - exercise caution
Index Inclusion
Excluded from all major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)
Key Compliance Considerations
- Debt ratio: 404.40% exceeds all thresholds (AAOIFI 30%, MSCI/SP 33%)
- Liquidity ratio: 69.20% exceeds all thresholds
- Interest income ratio: 10.93% exceeds 5% limit
Debt Ratio
404.4%
Liquidity Ratio
69.2%
Interest Income Ratio
10.9%
Purification
10.93%