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Wed, Apr 1 10:57 PM
Shariah Compliant

SNAP

Quality Rating

AAA
Excellent compliance quality

This report evaluates Snap Inc. (SNAP) for Shariah compliance across financial, business, and ESG dimensions. SNAP, a social media technology company, passes key financial screens under AAOIFI, MSCI, and S&P standards, with debt at 28.67%, liquidity at 21.84%, and interest income at 1.51%. Business activities in digital communication and advertising are deemed permissible, with no significant non-compliant revenue. Inclusion in all major Shariah indices confirms overall compliance, though minor purification is required for interest income. ESG factors show medium risk, with positive social initiatives offset by past controversies in user safety and labor.

Purification Required
1.51%
moderate

Moderate purification required - consider carefully

Index Inclusion
S&P
MSCI
DJIM
FTSE

Included in 4 major Shariah indexes

Key Compliance Considerations

Debt Ratio

28.7%

Liquidity Ratio

21.8%

Interest Income Ratio

1.5%

Purification

1.51%