YCBD
Quality Rating
YCBD operates in the CBD products sector, which is deemed non-compliant with Shariah principles due to its association with intoxicants. While financial screening criteria show compliance in debt, liquidity, and non-permissible income ratios, the core business activity leads to overall non-compliance. The company is excluded from all major Shariah indices, confirming its status. Minor purification is required for interest income, but the business model poses a disqualifying factor. Investors should consider alternatives in permissible health and wellness sectors.
Purification Required
Minimal purification needed for dividend income
Index Inclusion
Excluded from all major Shariah indices: S&P Dow Jones, MSCI, FTSE, and DJIM
Key Compliance Considerations
- Core business activity in cannabis-derived products considered haram under Shariah
- Interest income ratio of 0.63% requires purification
Debt Ratio
9.8%
Liquidity Ratio
15.1%
Interest Income Ratio
0.0%
Purification
0.63%