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Thu, Jun 18 11:48 PM
Non-Compliant

BTOC

Quality Rating

B
Minimal compliance quality

BTOC, operating in its industry, demonstrates significant Shariah non-compliance primarily driven by an excessively high debt-to-market capitalization ratio of 219.34%, far exceeding all major thresholds. While liquidity and income-related ratios meet compliance standards, the company's involvement in cryptocurrency mining introduces scholarly debates regarding elements of gharar (uncertainty). Exclusion from all major Shariah-compliant indices underscores the overall non-compliant status. Investors should note the low compliance quality rating due to critical financial leverage issues. Purification is required at 0.40% based on interest income.

Purification Required
0.40%
minimal

Minimal purification needed for dividend income

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

219.3%

Liquidity Ratio

8.8%

Interest Income Ratio

0.0%

Purification

0.40%