NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Tue, Apr 14 06:39 PM
Non-Compliant

IRE

Quality Rating

B
Minimal compliance quality

IRE operates in its industry with limited available financial and business data, leading to challenges in full Shariah compliance assessment. The primary concern is the business activity in cryptocurrency mining, which is widely viewed as involving gharar and maysir. Financial ratios, where calculable, pass thresholds at 0%, but insufficient data results in conservative assessments. Overall, the company is non-compliant based on exclusion from all major Shariah indices, though purification is not required due to zero non-compliant income identified.

Purification Required
0.00%
minimal

Minimal purification needed for dividend income

Index Inclusion

Excluded from S&P Dow Jones Shariah Indices, MSCI Islamic Indices, FTSE Shariah Indices, and Dow Jones Islamic Market (DJIM).

Key Compliance Considerations

Debt Ratio

0.0%

Liquidity Ratio

0.0%

Interest Income Ratio

0.0%

Purification

0.00%