BZAI
Quality Rating
Blaize Holdings, Inc. (BZAI) operates in the semiconductors industry, providing AI-enabled edge computing solutions. While its core business activities are permissible under Shariah principles, the company fails financial screening due to an exceptionally high interest income ratio of 297.39%, far exceeding the 5% threshold across all standards. Debt and liquidity ratios are compliant, and no non-permissible business activities or significant ESG controversies were identified. Index exclusion confirms non-compliance, with a B quality rating reflecting strong business permissibility but critical financial purity issues.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Excluded from all major Shariah-compliant indices (S&P, MSCI, FTSE, DJIM)
Key Compliance Considerations
- Interest income ratio of 297.39% exceeds 5% threshold across AAOIFI, MSCI, and S&P standards
- High reliance on riba-based income in a pre-revenue stage raises purification challenges
Debt Ratio
0.0%
Liquidity Ratio
0.0%
Interest Income Ratio
3.0%
Purification
2.97%