NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Thu, Apr 2 06:50 PM
Non-Compliant

BATL

Quality Rating

B
Minimal compliance quality

BATL, operating in its industry, fails key Shariah financial screening criteria due to excessively high debt and liquidity ratios relative to market capitalization, coupled with interest income exceeding permissible thresholds. No non-compliant business activities were identified, but the financial structure raises significant riba concerns. Based on exclusion from all major Shariah indices, the overall compliance status is NON_COMPLIANT. Purification is required for the 10.39% impure income, primarily from interest. Investors should monitor debt reduction efforts and consult scholars for personalized rulings.

Purification Required
10.39%
significant

Significant purification required - exercise caution

Index Inclusion

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

Key Compliance Considerations

Debt Ratio

1025.0%

Liquidity Ratio

332.2%

Interest Income Ratio

10.4%

Purification

10.39%