AVXX
Quality Rating
AVXX, formerly AveXis Inc., a biotechnology company focused on gene therapy, was acquired by Novartis in 2018 and is no longer actively traded. Due to its delisted status and lack of current financial reporting, comprehensive Shariah screening is limited by data insufficiency. All major Shariah indices exclude AVXX, leading to a non-compliant classification. Business activities in medical research appear permissible, but verification is impossible without updated disclosures. Investors should avoid or monitor for any residual holdings, with no purification required based on available data.
Purification Required
Minimal purification needed for dividend income
Index Inclusion
Not included in any major Shariah indices (S&P, MSCI, FTSE, DJIM)
Key Compliance Considerations
- Insufficient financial data preventing ratio calculations
- Delisted status leading to exclusion from Shariah indices
- Lack of transparency in post-acquisition operations
- Data gaps in business activity and subsidiary analysis
Debt Ratio
0.0%
Liquidity Ratio
0.0%
Interest Income Ratio
0.0%
Purification
0.00%