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Fri, Apr 10 12:03 AM
Non-Compliant

STI

Quality Rating

B
Minimal compliance quality

STI, operating in its industry, demonstrates compliance in debt (8.19%) and liquidity (5.11%) ratios across major standards but fails significantly on the interest income ratio (28.01% exceeding 5% thresholds), leading to non-compliance. No non-permissible business activities identified (0%), but purification is required at 28.01% due to impure income. The company is excluded from all major Shariah indices, confirming its non-compliant status. Business screening is limited by insufficient data on subsidiaries and future initiatives. Overall, with a B rating, it poses risks for Shariah-conscious investors, recommending alternatives in compliant sectors.

Purification Required
28.01%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)

Key Compliance Considerations

Debt Ratio

8.2%

Liquidity Ratio

5.1%

Interest Income Ratio

28.0%

Purification

28.01%