ZTEK
Quality Rating
This report provides a detailed Shariah compliance analysis for ZTEK, a company in its industry. The assessment reveals significant concerns primarily due to a high interest income ratio exceeding permissible thresholds, leading to non-compliance across major standards despite favorable debt and liquidity metrics. Business activities appear permissible based on available data, but insufficient details limit full evaluation. No inclusion in major Shariah indices confirms the non-compliant status. Investors are advised to monitor financial trends and consider purification for any dividends received.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in any major Shariah indices: S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)
Key Compliance Considerations
- Interest income ratio of 50.32% exceeds 5% threshold across all standards
Debt Ratio
0.0%
Liquidity Ratio
0.0%
Interest Income Ratio
50.3%
Purification
50.32%