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Thu, Jun 18 02:02 AM
Non-Compliant

TANH

Quality Rating

BB
Fair compliance quality

Tantech Holdings Ltd (TANH) is a China-based manufacturer of bamboo charcoal products and electric vehicles, operating in the Household & Personal Products industry within the Consumer Defensive sector. This report evaluates its Shariah compliance across financial ratios, business activities, index inclusions, and multi-perspective authorities. While financial metrics are largely favorable, with low debt and no non-permissible revenue, the interest income ratio of 7.82% requires purification. Business activities are permissible, focusing on sustainable consumer goods and clean energy. However, absence from major Shariah indices results in an overall non-compliant classification, though fundamentals suggest potential for review.

Purification Required
7.82%
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

2.6%

Liquidity Ratio

26.1%

Interest Income Ratio

7.8%

Purification

7.82%