VCIG
Quality Rating
VCI Global Limited (VCIG), a consulting services firm in the Industrials sector, provides business strategy and technology advisory across Asia and the US. This report assesses its Shariah compliance based on financial ratios, business activities, index inclusions, and multi-perspective analysis. Key concerns include a liquidity ratio exceeding thresholds, though debt and non-permissible income are compliant. The company is not included in any major Shariah indices, leading to a NON_COMPLIANT overall status. Purification of 1.79% is required for interest income, with low ESG risks.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Not included in S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, or DJIM indices
Key Compliance Considerations
- Liquidity ratio of 42% exceeds 33% thresholds in AAOIFI, S&P, and MSCI standards
- Interest income ratio of 1.79% requires purification, though below 5% threshold
Debt Ratio
0.0%
Liquidity Ratio
0.0%
Interest Income Ratio
0.0%
Purification
1.79%