NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 1 11:15 PM
Shariah Compliant

NOK

Quality Rating

AAA
Excellent compliance quality

Nokia Corporation (NOK), a leading provider of telecommunications equipment and services, undergoes rigorous Shariah compliance screening. The company demonstrates strong financial health with all key ratios well within permissible thresholds across AAOIFI, MSCI, and S&P standards. Business activities in telecom infrastructure are deemed halal, with no significant non-compliant revenue streams identified. Inclusion in all major Shariah indices confirms overall compliance, though minor purification is required for incidental interest income. This report provides a multi-perspective analysis, highlighting robust ESG alignment and low risk profile.

Purification Required
3.68%
moderate

Moderate purification required - consider carefully

Index Inclusion
S&P
MSCI
DJIM
FTSE

Included in 4 major Shariah indexes

Key Compliance Considerations

Debt Ratio

18.1%

Liquidity Ratio

25.8%

Interest Income Ratio

3.7%

Purification

3.68%