NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Soon
Shanghai: Closed
Wed, Apr 22 11:49 PM
Non-Compliant

VTIX

Quality Rating

B
Minimal compliance quality

VTIX, operating in its industry, faces Shariah compliance challenges primarily due to an interest income ratio of 10.67%, exceeding the 5% threshold across major standards. Debt and liquidity ratios are reported at 0%, passing thresholds where data is available, while non-permissible income is 0%. Index inclusion research indicates exclusion from all major Shariah indices due to financial screening failures. Business activities lack detailed disclosure, leading to under review status in some areas. Overall, purification is required for any dividends, and investors should monitor for improved financial transparency.

Purification Required
10.67%
significant

Significant purification required - exercise caution

Index Inclusion

Excluded from S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, and Dow Jones Islamic Market (DJIM)

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

10.7%

Purification

10.67%