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Tue, Apr 7 06:46 PM
Non-Compliant

TGHL

Quality Rating

B
Minimal compliance quality

TGHL, operating in its industry, undergoes Shariah compliance screening revealing challenges primarily from high interest income at 24.23% of revenue, exceeding universal 5% thresholds. Debt and liquidity ratios are at 0%, potentially compliant but flagged due to insufficient data possibly related to its structure as an investment vehicle. No non-compliant business activities identified, but income purity issues dominate. Overall, the stock fails major index inclusions, classifying it as non-compliant with a B quality rating. Investors should consider purification for any dividends and monitor for data updates.

Purification Required
24.23%
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

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

24.2%

Purification

24.23%