APRE
Quality Rating
APRE, a real estate investment trust focused on hospitality properties, faces significant Shariah compliance challenges primarily due to high liquidity ratios and interest income exceeding standard thresholds. While debt levels are negligible and core business activities appear permissible, financial screening indicates non-compliance across major standards. The company is excluded from all major Shariah indices, confirming its non-compliant status. Substantial purification is required for any potential investment consideration. Overall, investors are advised to seek fully compliant alternatives in the real estate sector.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Excluded from all major Shariah indices: S&P Dow Jones, MSCI, FTSE, and DJIM
Key Compliance Considerations
- Liquidity ratio of 168.52% exceeds all thresholds (AAOIFI: 30%, MSCI: 33.33%, S&P: 33%)
- Interest income ratio of 90.57% far exceeds 5% tolerance across all standards
- High purification requirement of 90.57% due to predominant non-compliant income sources
Debt Ratio
0.0%
Liquidity Ratio
168.5%
Interest Income Ratio
90.6%
Purification
90.57%