TBI
Quality Rating
TBI operates in its industry and demonstrates non-compliance with Shariah standards primarily due to a high debt-to-market capitalization ratio of 65.58%, which exceeds thresholds across AAOIFI, MSCI, and S&P methodologies. Business activities appear permissible with no significant non-compliant revenue identified, and income ratios remain within limits. The company is not included in any major Shariah-compliant indices, reinforcing the non-compliant status. Purification is required at 1.17% for minor interest income, and ESG factors show medium risk with resolved controversies. Investors should monitor debt reduction efforts for potential future compliance.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Included in 4 major Shariah indexes
Key Compliance Considerations
- High debt ratio of 65.58% exceeding all financial thresholds (AAOIFI 30%, MSCI 33.33%, S&P 33%)
Debt Ratio
65.6%
Liquidity Ratio
13.1%
Interest Income Ratio
1.2%
Purification
1.17%