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Thu, Jul 9 11:00 PM
Non-Compliant

BTDR

Quality Rating

B
Minimal compliance quality

Bitdeer Technologies Group (BTDR), a cryptocurrency mining company, undergoes comprehensive Shariah compliance screening revealing non-compliance primarily due to high interest income ratio and speculative business activities. Financial ratios show compliant debt (10.58%) and liquidity (13.42%) levels but fail on interest income (14.33% > 5% threshold). Business screening identifies cryptocurrency mining as non-permissible due to gharar and maysir elements. No inclusion in major Shariah indices confirms overall non-compliance. Investors should consider purification of 14.33% for any dividends and consult scholars for personalized rulings.

Purification Required
14.33%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)

Key Compliance Considerations

Debt Ratio

10.6%

Liquidity Ratio

13.4%

Interest Income Ratio

14.3%

Purification

14.33%