PATH
Quality Rating
UiPath Inc. (PATH), a leader in robotic process automation (RPA) software, exhibits strong Shariah compliance primarily due to its permissible technology-focused business model and favorable financial ratios. All major Shariah indices include PATH, confirming its eligibility despite a borderline interest income ratio of 5.91%. No non-permissible business activities were identified, and ESG factors align well with Islamic principles of stewardship and social justice. Purification is required at 5.91% for dividends to address impure income sources. Overall, PATH is a viable option for Shariah-compliant portfolios with low risk.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Included in 4 major Shariah indexes
Key Compliance Considerations
- Borderline interest income ratio at 5.91%, requiring purification
Debt Ratio
1.1%
Liquidity Ratio
22.9%
Interest Income Ratio
5.9%
Purification
5.91%