STI
Quality Rating
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
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
- Interest Income Ratio: 28.01% (threshold: 5%)
Debt Ratio
8.2%
Liquidity Ratio
5.1%
Interest Income Ratio
28.0%
Purification
28.01%