BATL
Quality Rating
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
Significant purification required - exercise caution
Index Inclusion
Not included in any major Shariah indices (S&P Dow Jones, MSCI, FTSE, DJIM)
Key Compliance Considerations
- Excessive debt ratio of 1025.03% exceeding all thresholds
- High liquidity ratio of 332.17% indicating potential interest-bearing assets
- Interest income ratio of 10.39% above 5% impure income limit
Debt Ratio
1025.0%
Liquidity Ratio
332.2%
Interest Income Ratio
10.4%
Purification
10.39%