Heritage Global Inc. (HRTG) operates in asset liquidation and specialty finance, with financial screening revealing compliance in debt and income ratios but failure in liquidity due to high cash holdings at 84.23% of market cap. Business activities appear permissible with no identified non-compliant revenue sources. Index inclusion research shows exclusion from all major Shariah indices, leading to an overall non-compliant status. ESG factors align well with Islamic principles, showing low risk. Investors should monitor liquidity management for potential future compliance.