NYSE: Closed
NASDAQ: Closed
LSE: Closed
TSX: Closed
Nikkei: Closed
Shanghai: Closed
Wed, Apr 1 09:26 PM
Wednesday, April 1, 2026 9:26:08 PM
Non-Compliant
RENX
Quality Rating
B
Minimal compliance quality
This report evaluates the Shariah compliance of RENX, a company in its industry, based on financial screening, business activities, index inclusion, and multi-perspective analysis. Key findings indicate non-compliance due to excessive debt and interest income ratios, despite a clean business profile in healthcare innovation. No inclusion in major Shariah indices reinforces the non-compliant status. Purification is required for any impermissible income, and investors should monitor for financial improvements.
Purification Required
1132.04%
significant
Significant purification required - exercise caution
Index Inclusion
Not included in any major Shariah indices (S&P, MSCI, FTSE, DJIM)
Key Compliance Considerations
- Excessive debt ratio (847.04%) exceeding all thresholds
- High interest income ratio (1132.04%) indicating significant riba exposure
- Lack of inclusion in Shariah-compliant indices
Debt Ratio
847.0%
Liquidity Ratio
1.6%
Interest Income Ratio
1132.0%
Purification
0.00%