VVPR
Quality Rating
VVPR, operating in its industry, fails key Shariah financial screening criteria due to excessively high debt and interest income ratios, rendering it non-compliant across major standards. Despite a permissible core business in renewable energy inferred from available data, the financial structure introduces significant riba exposure. No inclusion in major Shariah indices confirms the non-compliant status. Purification requirements are elevated due to impure income sources, and investors should exercise caution. Overall, this stock is not suitable for Shariah-compliant portfolios without restructuring.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM).
Key Compliance Considerations
- Excessive debt ratio of 323.15% exceeding all thresholds
- Anomalously high interest income ratio of 10478.69% violating income purity rules
- Lack of inclusion in any major Shariah indices
Debt Ratio
323.1%
Liquidity Ratio
2.2%
Interest Income Ratio
10478.7%
Purification
0.00%