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NASDAQ: Open
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Nikkei: Closed
Shanghai: Closed
Mon, Apr 6 07:03 PM
Non-Compliant

ATHR

Quality Rating

B
Minimal compliance quality

Athira Pharma Inc. (ATHR) is a clinical-stage biopharmaceutical company focused on developing therapies for neurodegenerative diseases such as Alzheimer's. This report evaluates its Shariah compliance through financial screening, business activity analysis, ESG factors, and index inclusion status. The core business is permissible, with low debt and liquidity ratios, but the interest income ratio of 8.42% exceeds the 5% threshold, leading to exclusion from major Shariah indices. Regional variations exist, with compliance in Malaysia and Indonesia but non-compliance under AAOIFI and GCC standards. Investors should consider purification and monitor financial evolution for potential future compliance.

Purification Required
8.42%
significant

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

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

0.0%

Purification

8.42%