AGAE
Quality Rating
Allied Gaming & Entertainment Inc. (AGAE), operating in its sector, undergoes rigorous Shariah compliance screening. The analysis reveals significant challenges in financial ratios, particularly debt and liquidity exceeding established thresholds across AAOIFI, MSCI, and S&P standards. Business activities in esports and entertainment are largely permissible, with minimal non-compliant income from interest sources requiring purification. No inclusion in major Shariah indices underscores non-compliance, though low non-permissible revenue offers some mitigation. Investors are advised to monitor debt reduction efforts and consult scholars for personalized rulings.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)
Key Compliance Considerations
- Excessive debt ratio of 83.89%, failing all major thresholds
- High liquidity ratio of 149.50%, indicating over-reliance on interest-bearing assets
- Potential ancillary exposure to gambling through poker operations
Debt Ratio
83.9%
Liquidity Ratio
149.5%
Interest Income Ratio
3.4%
Purification
3.35%