NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Wed, Apr 22 07:50 PM
Non-Compliant

YCBD

Quality Rating

BB
Fair compliance quality

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
0.63%
minimal

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

Debt Ratio

9.8%

Liquidity Ratio

15.1%

Interest Income Ratio

0.0%

Purification

0.63%