NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Mon, Jul 6 09:22 PM
Non-Compliant

TBI

Quality Rating

B
Minimal compliance quality

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
1.17%
moderate

Moderate purification required - consider carefully

Index Inclusion
S&P
MSCI
DJIM
FTSE

Included in 4 major Shariah indexes

Key Compliance Considerations

Debt Ratio

65.6%

Liquidity Ratio

13.1%

Interest Income Ratio

1.2%

Purification

1.17%