Gold Igloo assesses companies for social impact by following MSCI Sustainable Impact Metrics, which states that 50% of sales must belong to a sustainable impact category.
Climate Action
Affordable and Clean Energy
Responsible Consumption & Production
Preserving Life on Land & Water
In order to screen for Shariah-Compliance, Gold Igloo implements a rigid screening process that involves 3 screening stages: Business activities, financial debt and finally dividend purification.
Is this company involved in a prohibited activity?
Prohibited activities include tobacco, entertainment, alcohol, financial services and gambling.
Does this company have more than 33% debt over it's total assets
Companies should not exceed 33.33% financial ratio in total debt over total assets.
Has the company applied dividend purification?