NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 1 09:25 PM
Wednesday, April 1, 2026 9:25:57 PM
Non-Compliant
TOVX
Quality Rating
B
Minimal compliance quality
This report evaluates TOVX's Shariah compliance across financial, business, and governance dimensions. The company operates in its industry with limited public data, leading to challenges in comprehensive assessment. Financial ratios indicate significant non-compliance due to high debt and liquidity relative to market cap. No inclusion in major Shariah indices confirms overall non-compliance status. Investors are advised to monitor for potential restructuring or seek compliant alternatives.
Purification Required
0.00%
minimal
Minimal purification needed for dividend income
Index Inclusion
Not included in any major Shariah indices (S&P, MSCI, FTSE, DJIM)
Key Compliance Considerations
- Excessive debt ratio (202.92%) exceeding all thresholds
- High liquidity ratio (711.75%) indicating potential non-compliant assets
- Insufficient data on income sources, though estimated at 0% non-permissible
- Unknown industry limits peer benchmarking and activity screening
Debt Ratio
202.9%
Liquidity Ratio
711.8%
Interest Income Ratio
0.0%
Purification
0.00%