NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Fri, May 22 07:00 PM
Non-Compliant

CD

Quality Rating

BBB
Satisfactory compliance quality

Chaince Digital Holdings Inc. (CD), a US-based fintech company specializing in AI infrastructure, blockchain, and digital assets, undergoes Shariah compliance screening revealing challenges primarily from high interest income and conventional financial services. While debt and liquidity ratios are favorable, the interest income ratio of 41.63% exceeds permissible thresholds, necessitating significant purification. Business activities in broker-dealer services raise riba concerns, though core technology offerings may align with Islamic principles under certain interpretations. No inclusion in major Shariah indices confirms non-compliance status. Investors should consider alternatives in the technology sector with stronger compliance profiles.

Purification Required
41.63%
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

0.0%

Liquidity Ratio

4.8%

Interest Income Ratio

41.6%

Purification

41.63%