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Tue, Apr 7 06:49 PM
Non-Compliant

SRXH

Quality Rating

B
Minimal compliance quality

SRXH exhibits challenges in Shariah compliance primarily due to a high interest income ratio of 30.36%, exceeding the 5% threshold across major standards, while debt and liquidity ratios remain compliant. The company's the industry profile limits detailed business activity screening, but no core non-permissible activities are identified. Index inclusion research confirms exclusion from all major Shariah indices, leading to a non-compliant status. Purification is required for the interest-derived income portion. Overall, investors should monitor for improvements in income purity.

Purification Required
30.36%
significant

Significant purification required - exercise caution

Index Inclusion

Excluded from S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, and Dow Jones Islamic Market (DJIM)

Key Compliance Considerations

Debt Ratio

8.7%

Liquidity Ratio

7.7%

Interest Income Ratio

30.4%

Purification

30.36%