TSSI
Quality Rating
TSS, Inc. (TSSI) is a U.S.-based provider of IT services focused on data centers and enterprise systems integration, operating in a permissible sector under Shariah principles. Financial screening reveals strong compliance with all major ratio thresholds, including debt at 10%, liquidity at 8.31%, and non-compliant income at 1.6%. However, due to its small market capitalization and liquidity, the company is not included in any major Shariah-compliant indices. Business activities are fully halal, with no non-permissible revenue streams identified. Overall, while ratios support compliance, index exclusion classifies the stock as non-compliant for index-based investment strategies.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Included in 4 major Shariah indexes
Key Compliance Considerations
- Exclusion from major Shariah indices due to small market cap and liquidity thresholds, despite passing financial screens
Debt Ratio
10.0%
Liquidity Ratio
8.3%
Interest Income Ratio
1.6%
Purification
1.60%