NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Thu, Apr 2 06:47 PM
Non-Compliant

BFRG

Quality Rating

B
Minimal compliance quality

This report provides a detailed Shariah compliance analysis for BFRG, a company in its industry. The assessment reveals non-compliance primarily due to an elevated interest income ratio of 17.93%, exceeding the 5% threshold across all major standards, despite passing debt and liquidity screens. Business activities in AI and technology appear permissible with no identified non-compliant revenue sources. Index inclusion research confirms exclusion from all major Shariah indices. Overall, the stock requires significant purification and is classified as non-compliant, with a B quality rating reflecting mixed financial metrics.

Purification Required
17.93%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any of the four major Shariah-compliant indices: S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, or Dow Jones Islamic Market.

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

0.0%

Purification

17.93%