SLAI
Quality Rating
SLAI, operating in its industry, undergoes Shariah compliance screening revealing significant challenges in financial ratios, particularly debt and interest income, leading to non-compliance across major standards. While business activities show no evident non-permissible revenue, the high interest income ratio of 11.35% necessitates purification. Index exclusions confirm the overall non-compliant status, though ESG factors are positive with low risk. Investors should monitor debt reduction efforts and consult scholars for personalized rulings.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Excluded from all major Shariah indices (S&P, MSCI, FTSE, DJIM)
Key Compliance Considerations
- Debt ratio: 45.89% exceeds thresholds (AAOIFI 30%, others 33%)
- Interest income ratio: 11.35% exceeds 5% threshold across all standards
- Liquidity ratio marginally exceeds some thresholds at 31.11%
Debt Ratio
45.9%
Liquidity Ratio
31.1%
Interest Income Ratio
11.3%
Purification
11.35%