XTKG
Quality Rating
This report evaluates XTKG's Shariah compliance based on financial ratios, business activities, index inclusions, and multi-perspective analyses. The company fails key financial thresholds under AAOIFI, MSCI, and S&P standards due to high debt and liquidity ratios, despite compliant income levels. Business activities in its industry show no clear non-compliant elements, but data limitations persist. Overall, the stock is classified as non-compliant due to absence from major Shariah indices. Investors should monitor debt reduction efforts and consult scholars for personalized guidance.
Purification Required
Moderate purification required - consider carefully
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 of 53.73% exceeds all thresholds (AAOIFI 30%, MSCI/SP 33%)
- Liquidity ratio of 34.94% exceeds thresholds (AAOIFI 30%, MSCI/SP 33%)
- Historical volatility in interest income ratio, now at 4.76% but previously higher
Debt Ratio
0.0%
Liquidity Ratio
0.0%
Interest Income Ratio
0.0%
Purification
4.76%