OFIS-SCORE™
Islamic Finance Product Rating System
Independent, transparent rating of Islamic finance products on Shariah authenticity, structural robustness, transparency and beneficiary fairness.
OFIS-SCORE™
Scope
- Shariah authenticity (form & substance)
- Structural robustness (legal, operational)
- Transparency & disclosure
- Beneficiary fairness (pricing, complaints, exit)
Deliverables
- OFIS-SCORE™ rating (AAA → C)
- Detailed scoring report with evidence trail
- Public rating summary (with issuer consent)
Scoring Dimensions
Weighted Assessment Model
| Dimension | Weight | Description |
|---|---|---|
| Shariah Authenticity | 35% | Substance over form; alignment with AAOIFI standards. |
| Structural Robustness | 25% | Legal enforceability and operational execution quality. |
| Transparency | 20% | Clarity of cost, profit, risk and fee disclosure. |
| Beneficiary Fairness | 20% | Pricing parity, complaint handling, fair exit. |
| Total | 100% |
Rating Bands
Interpretation Scale
AAA
95–100
Exemplary Shariah authenticity & beneficiary fairness.
AA
85–94
High-quality structure; minor refinements.
A
75–84
Sound structure; targeted improvements.
BBB
65–74
Acceptable; structured remediation recommended.
BB
50–64
Below standard; material concerns.
B / C
< 50
Not recommended; significant Shariah or structural issues.
Part of the Onike Framework Ecosystem
OFIS™ · Onike Framework for Islamic Finance
Reviewed and Approved by Abdul-Azeez Onike Morufu — Registered Shariah Adviser, Securities Commission Malaysia
© 2026 The Onike Framework. All rights reserved.