AIXC
Quality Rating
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
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
- Interest income ratio of 84.39% exceeds 5% threshold across all standards
Debt Ratio
22.8%
Liquidity Ratio
0.0%
Interest Income Ratio
84.4%
Purification
84.39%