NYSE: Open
NASDAQ: Open
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TSX: Open
Nikkei: Closed
Shanghai: Closed
Fri, Aug 7 03:46 PM
Non-Compliant

ARDX

Quality Rating

B
Minimal compliance quality

Ardelyx, Inc. (ARDX) is a biopharmaceutical company focused on innovative therapies for gastrointestinal and kidney diseases. This report evaluates its Shariah compliance based on financial ratios, business activities, index inclusion, and multi-perspective analysis. While financial screens indicate compliance with key thresholds, the absence of inclusion in major Shariah indices results in an overall non-compliant status. Purification is required for minor interest income, and ESG factors align well with Islamic principles. Investors should monitor for potential index eligibility as the company grows.

Purification Required
4.82%
moderate

Moderate purification required - consider carefully

Index Inclusion

Not included in S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, or DJIM indices

Key Compliance Considerations

Debt Ratio

12.7%

Liquidity Ratio

17.5%

Interest Income Ratio

4.8%

Purification

4.82%