NYSE: Open
NASDAQ: Open
LSE: Closed
TSX: Open
Nikkei: Closed
Shanghai: Closed
Thu, May 21 03:43 PM
Non-Compliant

TRNR

Quality Rating

B
Minimal compliance quality

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
106.86%
significant

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

63.0%

Liquidity Ratio

12.3%

Interest Income Ratio

106.9%

Purification

100.00%