TRNR
Quality Rating
TRNR, a company in its industry, demonstrates significant Shariah non-compliance driven by elevated debt levels and excessive interest income relative to revenue. While business activities appear permissible with no identified non-compliant revenue streams, financial ratios fail thresholds across AAOIFI, MSCI, and S&P standards. Index inclusion research confirms exclusion from all major Shariah indices, reinforcing the non-compliant status. Purification is required at 106.86% due to interest income, but structural issues in debt management pose ongoing risks. Investors should consider alternatives in compliant sectors and monitor for financial improvements.
Purification Required
Significant purification required - exercise caution
Index Inclusion
Not included in any major Shariah indices: S&P Dow Jones, MSCI, FTSE, or DJIM.
Key Compliance Considerations
- Debt Ratio: 62.99% (threshold: 30%)
- Interest Income Ratio: 106.86% (threshold: 5%)
Debt Ratio
63.0%
Liquidity Ratio
12.3%
Interest Income Ratio
106.9%
Purification
100.00%