GFAI
Quality Rating
Guardforce AI Co., Limited (GFAI), operating in its industry, provides AI-driven security and surveillance services. The company's business activities are Shariah-compliant, with no non-permissible revenue identified. However, financial screening reveals a critical failure in the liquidity ratio (167.77%), exceeding thresholds across major standards, leading to non-compliance in index inclusions. Debt and income ratios meet requirements, but overall status is determined by index exclusion. Purification of 1.96% is required for incidental interest income.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Excluded from all major Shariah indices: S&P Dow Jones, MSCI, FTSE, and DJIM.
Key Compliance Considerations
- Excessive liquidity ratio of 167.77% exceeding all major thresholds
- Insufficient granular data for asset-based MSCI screening
- Potential risks from high cash holdings in interest-bearing instruments
Debt Ratio
20.9%
Liquidity Ratio
167.8%
Interest Income Ratio
2.0%
Purification
1.96%