AIXI
Quality Rating
AIXI, an AI technology company, fails Shariah compliance primarily due to excessive debt levels exceeding all financial thresholds across AAOIFI, MSCI, and S&P standards. While business activities in AI software are permissible and non-permissible income is negligible, the debt-to-market cap ratio of 200.57% results in non-compliance. No inclusion in major Shariah indices confirms the overall status. Purification is required at 2.39% for interest income, and ESG factors show low risk with positive alignment to Islamic principles.
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 200.57% exceeding all thresholds (AAOIFI 30%, MSCI 33.33%, S&P 33%)
- High reliance on conventional interest-bearing debt, posing riba risk
Debt Ratio
200.6%
Liquidity Ratio
20.6%
Interest Income Ratio
2.4%
Purification
2.39%