TGHL
Quality Rating
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
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
- Interest income ratio of 24.23% exceeds 5% threshold across AAOIFI, MSCI, and S&P standards
- Insufficient data for debt and liquidity ratios, preventing full verification despite 0% reported values
- Potential structural issues as an ETF or fund complicating traditional Shariah screening
Debt Ratio
0.0%
Liquidity Ratio
0.0%
Interest Income Ratio
24.2%
Purification
24.23%