NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Tue, May 26 05:12 PM
Non-Compliant

BRTX

Quality Rating

B
Minimal compliance quality

BRTX, a biotechnology company in its industry, exhibits strong compliance in debt (0%) and non-permissible income (0%) ratios but fails significantly in liquidity (63.58%) and interest income (642.35%) metrics, leading to non-compliance across major Shariah standards. The core business in regenerative medicine is permissible, with no non-compliant activities identified. However, financial anomalies due to low revenue amplify riba exposure. Index exclusion confirms overall non-compliance, though purification is required for any incidental income. Investors should monitor for improvements in revenue generation to reduce ratio distortions.

Purification Required
642.35%
significant

Significant purification required - exercise caution

Index Inclusion

Excluded from all major Shariah indices

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

63.6%

Interest Income Ratio

642.4%

Purification

0.00%