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Tue, Apr 14 06:33 PM
Non-Compliant

IONQ

Quality Rating

B
Minimal compliance quality

IONQ, Inc., a quantum computing technology company operating in its industry and sector, demonstrates permissible core business activities focused on scientific research and development. However, its financial profile is marred by a significantly elevated interest income ratio of 59.24%, far exceeding the 5% threshold across all major Shariah screening standards, leading to non-compliance in financial ratios. The company maintains low debt levels (0.16%) and negligible non-permissible income from prohibited activities (0%), but the interest income issue dominates the assessment. No inclusion in major Shariah-compliant indices confirms the overall NON_COMPLIANT status. Investors may consider purification for any impure income, though the high ratio suggests caution or avoidance pending financial improvements.

Purification Required
59.24%
significant

Significant purification required - exercise caution

Index Inclusion

Not included in S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, or Dow Jones Islamic Market (DJIM)

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

0.0%

Purification

59.24%