NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 1 11:13 PM
Wednesday, April 1, 2026 11:13:41 PM
Non-Compliant
ONCO
Quality Rating
B
Minimal compliance quality
ONCO, a biotechnology company in its industry and sector, fails key Shariah financial screening criteria due to excessive debt and interest income ratios. The core business in oncology diagnostics is permissible, but financial structure raises significant riba concerns. No inclusion in major Shariah indices confirms non-compliance status. Purification requirements are elevated due to high impure income, and ESG factors show low risk with no controversies. Investors should monitor for financial improvements.
Purification Required
128.66%
significant
Significant purification required - exercise caution
Index Inclusion
Not included in any major Shariah indices (S&P, MSCI, FTSE, DJIM)
Key Compliance Considerations
- Debt ratio: 136.17% exceeds all thresholds (AAOIFI 30%, MSCI 33.33%, S&P 33%)
- Interest income ratio: 128.66% exceeds 5% threshold across standards
Debt Ratio
136.2%
Liquidity Ratio
23.7%
Interest Income Ratio
128.7%
Purification
0.00%