NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Thu, Apr 2 06:52 PM
Non-Compliant

TMDE

Quality Rating

B
Minimal compliance quality

TMDE, operating in its industry, demonstrates permissible primary business activities in medical technology focused on organ preservation and transport. However, the company's financial structure, characterized by an exceptionally high debt ratio of 397.26%, results in non-compliance across major Shariah screening standards. Income sources are clean with only 0.37% interest income requiring minimal purification. Despite low ESG risks and no controversies impacting compliance, the stock is excluded from all major Shariah indices due to debt concerns. Investors should monitor debt reduction efforts for potential future compliance.

Purification Required
0.37%
minimal

Minimal purification needed for dividend income

Index Inclusion

Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM).

Key Compliance Considerations

Debt Ratio

397.3%

Liquidity Ratio

30.3%

Interest Income Ratio

0.0%

Purification

0.37%