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Wed, Apr 8 07:38 PM
Non-Compliant

BURU

Quality Rating

B
Minimal compliance quality

BURU (Nuburu Inc.), operating in its industry, faces significant Shariah compliance challenges primarily from an anomalously high interest income ratio of 14044.1%, far exceeding the 5% threshold across all standards. The debt ratio at 30.03% is borderline, failing AAOIFI but passing MSCI and S&P thresholds. Business activities in laser technology appear permissible with no non-compliant segments identified. Despite low ESG risks and strong governance, financial impurities dominate the assessment. Overall, the stock is non-compliant based on index exclusions, requiring full purification if considered for investment.

Purification Required
100.00%
significant

Significant purification required - exercise caution

Index Inclusion

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

Key Compliance Considerations

Debt Ratio

30.0%

Liquidity Ratio

0.0%

Interest Income Ratio

14044.1%

Purification

100.00%