NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Fri, Apr 10 04:28 PM
Non-Compliant

SLAI

Quality Rating

B
Minimal compliance quality

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
11.35%
significant

Significant purification required - exercise caution

Index Inclusion

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

Key Compliance Considerations

Debt Ratio

45.9%

Liquidity Ratio

31.1%

Interest Income Ratio

11.3%

Purification

11.35%