IBTA
Quality Rating
Ibotta, Inc. (IBTA) operates in the Software - Application industry, providing digital promotions through its Ibotta Performance Network. Financial screening shows low debt (2.05%) and liquidity (24.84%) ratios, compliant across standards, with interest income at 3.12% requiring purification but below thresholds. Business activities are permissible with no non-compliant revenue identified. However, as a recent IPO, it is not yet included in major Shariah indices. Overall, the company demonstrates solid compliance potential in the technology sector.
Purification Required
Moderate purification required - consider carefully
Index Inclusion
Not included in S&P Dow Jones Shariah, MSCI Islamic, FTSE Shariah, or DJIM indices
Key Compliance Considerations
- Interest income ratio of 3.12% requires purification
- Lack of inclusion in major Shariah indices due to recent IPO and market cap considerations
Debt Ratio
2.0%
Liquidity Ratio
24.8%
Interest Income Ratio
3.1%
Purification
3.12%