NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Tue, Sep 22 05:16 PM
Non-Compliant

DNA

Quality Rating

B
Minimal compliance quality

Ginkgo Bioworks Holdings, Inc. (DNA) operates in the biotechnology sector, developing cell programming platforms for therapeutics, food ingredients, and chemicals. While its core business activities are Shariah-compliant, the company fails financial screening criteria across major standards due to high debt (77.34%) and liquidity (92.00%) ratios exceeding thresholds. Non-permissible income is minimal at 0.99%, requiring purification. The stock is not included in any major Shariah indices, resulting in an overall non-compliant status. Investors should monitor debt reduction efforts and consider alternatives in the healthcare sector.

Purification Required
0.99%
minimal

Minimal purification needed for dividend income

Index Inclusion

Not included in S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, or DJIM indices.

Key Compliance Considerations

Debt Ratio

77.3%

Liquidity Ratio

92.0%

Interest Income Ratio

0.0%

Purification

0.99%