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Fri, Apr 10 12:04 AM
Non-Compliant

ATXG

Quality Rating

BBB
Satisfactory compliance quality

Addentax Group Corp. (ATXG) operates in the Integrated Freight & Logistics industry, providing services including garment manufacturing, logistics, property management, and epidemic prevention supplies primarily in China and the US. While core business activities are Shariah-compliant, the company fails financial screening due to a high non-compliant income ratio of 78.27%, primarily from interest income, exceeding the 5% threshold across all major standards. Debt and liquidity ratios meet thresholds, but the overall compliance is determined non-compliant based on index exclusions. Purification at 78.27% is required for any dividends, rendering practical investment challenging without significant restructuring.

Purification Required
78.27%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any of the major Shariah-compliant indices: S&P Dow Jones, MSCI Islamic, FTSE Shariah, or Dow Jones Islamic Market.

Key Compliance Considerations

Debt Ratio

29.6%

Liquidity Ratio

23.5%

Interest Income Ratio

78.3%

Purification

78.27%