CETY
Quality Rating
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
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
- High interest income ratio of 53.76% exceeds 5% threshold across all standards
- Debt ratio of 30.75% fails AAOIFI's 30% limit but passes others
Debt Ratio
30.8%
Liquidity Ratio
0.0%
Interest Income Ratio
53.8%
Purification
53.76%