NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Thu, Apr 2 06:46 PM
Non-Compliant

BDRX

Quality Rating

B
Minimal compliance quality

BDRX, operating in its industry, demonstrates strong performance in debt and liquidity ratios but fails critical Shariah screening due to an exceptionally high interest income ratio of 138.85%, far exceeding the 5% threshold across all standards. Business activities in biopharmaceuticals are permissible, with no non-compliant revenue identified. However, exclusion from all major Shariah indices confirms non-compliance status. Investors should note the need for full purification of any dividends received.

Purification Required
138.85%
significant

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

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

1.4%

Purification

0.00%