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Fri, Apr 17 05:01 PM
Non-Compliant

VVPR

Quality Rating

B
Minimal compliance quality

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
10478.69%
significant

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

Debt Ratio

323.1%

Liquidity Ratio

2.2%

Interest Income Ratio

10478.7%

Purification

0.00%