ASPS
Quality Rating
Altisource Portfolio Solutions S.A. (ASPS), a company in its industry, fails key Shariah financial screening criteria due to excessively high debt levels (120.38% of market cap) and interest income ratio (22.54%), despite permissible core business activities in real estate technology and mortgage servicing. The stock is excluded from all major Shariah-compliant indices, confirming non-compliance status. Purification is required at 22.54% for non-compliant income, and investors should monitor debt reduction efforts. Overall, while ESG factors present low risk, financial metrics pose significant compliance barriers.
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
- High debt ratio: 120.38% (exceeds 30-33% thresholds across standards)
- Elevated interest income ratio: 22.54% (exceeds 5% threshold)
Debt Ratio
120.4%
Liquidity Ratio
18.7%
Interest Income Ratio
22.5%
Purification
22.54%