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Mon, Jul 27 04:13 PM
Non-Compliant

AUID

Quality Rating

B
Minimal compliance quality

authID Inc. (AUID) operates in the Software - Infrastructure industry, providing biometric identity verification and payment processing solutions. While the core business activities are generally permissible under Shariah principles, the company fails financial screening due to a high interest income ratio of 45.83%, exceeding the 5% threshold across major standards. Debt and liquidity ratios are compliant, and no significant non-permissible business activities were identified. ESG factors show low risk with strong governance and no major controversies. Overall, the stock is non-compliant based on index exclusions, requiring full purification of dividends.

Purification Required
45.83%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

5.8%

Interest Income Ratio

45.8%

Purification

45.83%