AZTR
Quality Rating
AZTR, operating in its industry, has been evaluated for Shariah compliance, revealing significant concerns in financial ratios particularly liquidity and interest income, leading to non-compliance across major standards. The core business activities appear permissible, but high cash holdings typical of early-stage companies inflate ratios. Exclusion from all major Shariah indices confirms the NON_COMPLIANT status, with a high purification requirement due to interest income. Investors are advised to monitor financial improvements and consult scholars for personalized guidance.
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
- Liquidity ratio exceeds thresholds across all standards
- Interest income ratio significantly above permissible limits
- Exclusion from all major Shariah indices
Debt Ratio
14.4%
Liquidity Ratio
97.4%
Interest Income Ratio
146349.1%
Purification
5.00%