NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Wed, Jun 17 06:33 PM
Non-Compliant

BIRD

Quality Rating

B
Minimal compliance quality

Allbirds, Inc. (BIRD) is undergoing a significant business transformation from footwear and apparel to an AI compute infrastructure provider, focusing on GPU-as-a-Service offerings. This report evaluates its Shariah compliance across financial, business activity, ESG, and multi-perspective dimensions. While the core AI infrastructure business is permissible under Shariah principles, the company fails key financial screening criteria due to high debt and liquidity ratios. No inclusion in major Shariah indices confirms non-compliance status. Investors should monitor the debt reduction post-transition and consider purification for any dividends received.

Purification Required
1.12%
moderate

Moderate purification required - consider carefully

Index Inclusion

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

Key Compliance Considerations

Debt Ratio

78.6%

Liquidity Ratio

70.4%

Interest Income Ratio

1.1%

Purification

1.12%