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Wed, May 20 08:16 PM
Non-Compliant

TATT

Quality Rating

BBB
Satisfactory compliance quality

TAT Technologies Ltd. (TATT) operates in the Aerospace & Defense industry, providing OEM and MRO services for commercial and military applications. While financial ratios indicate strong compliance with debt, liquidity, and income thresholds across AAOIFI, MSCI, and S&P standards, the company's significant involvement in military aerospace and ground defense activities results in non-compliance under Shariah business activity screens. No inclusion in major Shariah indices confirms the overall non-compliant status. Purification is required for minor impure income, but does not address core business concerns. Investors should consider alternatives in civilian industrials.

Purification Required
0.31%
minimal

Minimal purification needed for dividend income

Index Inclusion

Not included in S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, or DJIM indices

Key Compliance Considerations

Debt Ratio

6.8%

Liquidity Ratio

1.4%

Interest Income Ratio

0.0%

Purification

0.31%