NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Mon, May 4 06:09 PM
Non-Compliant

CETY

Quality Rating

B
Minimal compliance quality

This report evaluates CETY's Shariah compliance based on financial ratios, business activities, index inclusions, and multi-perspective analyses. The company faces significant challenges due to high interest income ratio, leading to non-compliance across major standards. While the core business in the industry appears permissible, financial screening failures dominate the assessment. No inclusion in Shariah indices confirms overall non-compliance. Purification is required for any potential holdings, but investment is not recommended without restructuring.

Purification Required
53.76%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in any major Shariah indices: S&P Dow Jones, MSCI, FTSE, or DJIM

Key Compliance Considerations

Debt Ratio

30.8%

Liquidity Ratio

0.0%

Interest Income Ratio

53.8%

Purification

53.76%