NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Open
Shanghai: Closed
Wed, Apr 22 12:02 AM
Non-Compliant

AIXC

Quality Rating

B
Minimal compliance quality

AIXC demonstrates compliance in debt and liquidity ratios but fails significantly on the interest income ratio, which stands at 84.39% against a universal 5% threshold, leading to overall non-compliance. The company is excluded from all major Shariah-compliant indices due to this riba exposure. Business activities in its industry show no identified non-permissible segments, but financial income sources raise concerns. Purification at 84.39% would be required for any dividends, though investment is generally not recommended without structural changes. The compliance quality rating reflects strong financial structure offset by critical income issues.

Purification Required
84.39%
significant

Significant purification required - exercise caution

Index Inclusion

Excluded from S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, and Dow Jones Islamic Market (DJIM)

Key Compliance Considerations

Debt Ratio

22.8%

Liquidity Ratio

0.0%

Interest Income Ratio

84.4%

Purification

84.39%