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Thu, Apr 30 06:02 PM
Non-Compliant

CANF

Quality Rating

B
Minimal compliance quality

Can-Fite BioPharma Ltd. (CANF) is a clinical-stage biotechnology company developing small molecule therapeutics for cancer, inflammatory diseases, and other conditions. Its core business activities are Shariah-compliant, focusing on health-promoting R&D. However, high interest income from cash reserves (30.12% of revenue) results in financial non-compliance across standards. The company is not included in major Shariah indices due to this impurity. Purification of 30.12% of dividends is required, and investors should monitor for improvements in financial management.

Purification Required
30.12%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any major Shariah indices

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

2.9%

Interest Income Ratio

30.1%

Purification

30.12%