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Mon, May 11 10:43 PM
Non-Compliant

ALIT

Quality Rating

B
Minimal compliance quality

Alight Inc. (ALIT) operates in the human capital technology and services sector, providing cloud-based HR solutions. While its core business activities are permissible under Shariah principles, the company's high debt-to-market capitalization ratio of 86.53% significantly exceeds standard thresholds, leading to non-compliance across major screening methodologies. Interest income at 1.24% is below limits, and no non-permissible revenue streams were identified. Index inclusion research confirms exclusion from all major Shariah indices due to financial ratios. Overall, ALIT is classified as non-compliant, with a compliance quality rating of B, recommending monitoring for potential deleveraging.

Purification Required
1.24%
moderate

Moderate purification required - consider carefully

Index Inclusion

Excluded from all major Shariah indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

86.5%

Liquidity Ratio

9.0%

Interest Income Ratio

1.2%

Purification

1.24%